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Rail News Home M&A

8/18/2014



Rail News: M&A

Parker Towing acquires Alabama port from Decatur Transit


Parker Towing Co. Inc. recently acquired the Port of Decatur, Ala., from transportation services provider Decatur Transit Inc.

Established in 1971, the Decatur facility is one of the oldest and busiest ports on the Tennessee River. The port is served by CSX Transportation and Norfolk Southern Railway, and handles a large portion of the more than 5 million tons of river freight that moves through Decatur annually, including steel, pipe, sand, asphalt, grains, coal, sand and dry fertilizers.

The port's facilities include intermodal transfer points for switches between barge, truck and rail; storage facilities for bulk liquids, dry bulk products and general cargo; and 24,000 square feet of warehouse space.

Parker Towing operates port facilities and provides barging, stevedore and other services in Birmingham, Mobile, Northport and Pickensville, Ala., and Chattanooga, Tenn.



Contact Progressive Railroading editorial staff.

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