Trucking news and briefs for Friday, Aug. 23, 2024:
Kenan Advantage Group acquires 45-truck tanker fleet
The Kenan Advantage Group has acquired 45-truck Abbeville, Louisiana-based tanker fleet TransVac.
Founded just two years ago, TransVac specializes in bulk chemicals, water treatment products and plastic additives and enhances KAG’s growing chemical storage capabilities and expands its service offering to existing chemical customers with additional capacity, especially in the Louisiana and Arkansas markets, the company said.
Kenan Advantage Group delivers fuels, chemicals, and products throughout North America.
This is the third acquisition this year for the North Canton, Ohio-based company, having picked up in February Northern Dry Bulk, a Clare, Michigan-based company that specializes primarily in the transportation and storage of plastic resins for automotive, packaging, electronic and other products in the U.S. and Canada. KAG acquired Lake Wales-based Florida Food Tankers in January.
[Related: Kenan Advantage Group entering dry bulk business with acquisition]
Iowa 80 giving away $60K for 60th anniversary
The Iowa 80 Truckstop is celebrating its 60th anniversary this year by sponsoring a $60,000 cash giveaway. The Iowa 80 60th Anniversary Sweepstakes is accepting entries until Oct. 4, and contestants can enter up to five times a day.
Iowa 80 customers will receive a chance to win with every purchase made at participating Iowa 80 Group locations, including the Iowa 80 Truckstop in Walcott, Iowa; Kenly 95 Petro Truckstop in Kenly, North Carolina; Joplin 44 Petro Truckstop in Joplin, Missouri; all Truckomat Truck Wash locations; Effingham Chrome Shop in Effingham, Illinois; and purchases made online.
The contest is open to U.S. residents who are at least 18 years old. Entries can be made online by creating an account and uploading a photo of a qualifying receipt.
Nikola secures Sourcewell government contract
Electric truck manufacturer Nikola Corporation, via its HYLA brand, announced it has secured a Sourcewell cooperative contract, which aims to simplify the purchasing process for the OEM's battery- and hydrogen-fuel-cell-electric Class 8s for public agencies.
Sourcewell is a self-funded government organization founded in 1978 whose aim is to facilitate a cooperative purchasing program that "harnesses the collective purchasing power of more than 50,000 participating agencies."
Sourcewell streamlines the purchasing process for these agencies with pre-negotiated, competitive contracts, allowing for "government, educational, and non-profit organizations to secure cost-effective and efficient purchasing solutions," the company said. In short, customers will save time and money towards the purchase of Nikola's truck lineup.
This new partnership grants any public agency more direct access to the manufacturer's Class 8 trucks without having to navigate the sometimes complicated purchasing process thanks to "ready-to-use, Sourcewell-vetted contracts," Nikola said.
[Related: Walk through updates to 2nd-gen Nikola Tre battery-electric cabover]
