LOGISTEC, a North American marine terminal and logistics services provider, announced the acquisition of Logistics Park Dubuque (LPD) from Travero. The multi-purpose marine terminal is located in East Dubuque, Illinois along the Upper Mississippi River and strengthens LOGISTEC’s inland waterways network across the United States.
The acquisition expands LOGISTEC’s reach into the Midwest and provides new routing options connecting the region’s agricultural, manufacturing, and energy supply chains to broader markets, including the Gulf Coast. The company said the deal enhances its ability to serve customers across America’s industrial and agricultural heartland.
LPD is a 100-acre multimodal terminal designed to handle bulk and breakbulk commodities. The facility enables cargo transfers among barge, rail, and truck, with direct rail connectivity through CN Rail and barge access to the Upper Mississippi River. The terminal currently supports major U.S. manufacturers across the agriculture, steel, manufacturing, and energy sectors.
LOGISTEC said the addition of the terminal builds on its broader expansion strategy and complements its existing North American network of ports and terminals. The company operates across 63 ports and 86 terminals and provides cargo handling, logistics services, trucking, warehousing, and marine transportation.
The announcement follows LOGISTEC’s recent acquisition agreement for the IPA Terminal in Altamira, Mexico, further extending the company’s global marine terminal footprint.
Travero, the seller of the facility, is a subsidiary of Alliant Energy Corporation and operates several logistics and rail assets, including CRANDIC Rail, Logistics Park Cedar Rapids, and Travero Logistics. The company said the transaction aligns the terminal with an owner focused on operating and expanding logistics terminals while allowing Travero to concentrate on its core businesses.
Support: Berenson & Company served as financial advisor to LOGISTEC, with King & Spalding acting as legal advisor. RJM & Company served as financial advisor to Travero, while Chapman & Cutler acted as legal advisor.
KEY QUOTES
“With the addition of LPD to the LOGISTEC network, we are expanding our reach into America’s industrial and agricultural heartland and the US inland waterways. This terminal strengthens our ability to serve customers in the Midwest with efficiency and access to emerging markets. LPD’s solid operational foundation and well-established customer base, combined with our expertise and scale, positions us to unlock new opportunities to drive long-term value.”
Sean Pierce, CEO Of LOGISTEC
“LPD has a strong track record and a dedicated team, and we are proud of the role the facility has played in supporting our customers, regional supply chains and the broader community. As Travero continues to focus on its core businesses, this transaction aligns LPD with an owner whose expertise is operating and growing logistics terminals. LOGISTEC is well positioned to build on LPD’s momentum and support its long-term growth.”
Lisha Coffey, President Of Travero
