Eco-Energy Launches Logistics Service for Ethanol Market
[Stay on top of transportation news: .]
Eco-Energy, a biofuel supply chain company, launched its Ethanol Logistics Service on July 11 to reach a broader mix of ethanol buyers and shippers, and create the largest asset-backed logistics management service exclusively focused on ethanol.
The service, which initially is focused on truck transport, will begin operations with $25 million of annual freight under management, according to the Franklin, Tenn.-based company. Eco has partnered with Rocky Mount, N.C.-based Eagle Transport Corp. as the preferred truck carrier for the business, and Eagle will assume certain truck operations currently within Eco-Energy Transportation.
We recognize a real need to resolve current gaps in ethanol logistics management, as well as proactively address the future constraints we anticipate in this space, said David Maggied, Eco-Energys vice president of transportation.
Eagle Transport President Lance Collette said, With this venture, Eagle expands our terminal footprint and leverages our Southeastern presence to attain an increased level of value-based services to the ethanol and petroleum markets. Transport Topics
