NASHVILLE, Tenn.--(BUSINESS WIRE)--Ingram Barge Company LLC (Ingram) announced today the creation of Ingram Infrastructure Group LLC as a new material handling and supply chain solutions subsidiary within its corporate structure. The move was fueled by Ingram finalizing its acquisitions of Inland River Transport Holdings LLC (SCF) and NexStar Solutions LLC (NexStar), marking a sizable expansion in Ingram’s services and assets.
Ingram acquired SCF, a provider of integrated river transportation and logistics services, from SEACOR Holdings Inc. (SEACOR) following the signing of a purchase agreement last October.
Ingram currently operates across more than 4,500 miles of the U.S. inland waterways system transporting a variety of essential agriculture and industrial commodities via 4,100 covered and open top dry cargo and liquid tank barges and 140 towboats. With these acquisitions, they will now be able to leverage their expertise in marine transportation to become a fully integrated, end-to-end supply chain solutions provider. Importantly, it also includes bringing eight new terminal locations into Ingram’s portfolio enabling bulk, break-bulk, and containerized storage, and handling services with connectivity to marine, rail, and road transportation. With the expansion into the terminals business, Ingram can now provide multi-modal & multi-product distribution solutions for North American shippers and consignees.
“Today’s announcements are the latest moves that show our continued commitment to add value for our customers, bring on new customers, and expand the services we can offer,” said Ingram President and CEO John Roberts. “We are proud of our history as one of the nation’s leading inland marine companies. Expanding our footprint to offer a full suite of transportation and logistics services will be a game changer for the marketplace and a huge value-add for our customers.”
In addition to acquiring SCF, Ingram has also acquired NexStar Solutions LLC, an industry leader in logistics infrastructure consulting, specializing in comprehensive advisory services to investors, governments, and organizations. As part of that acquisition, Bill Kinzeler, Daniel Lester, and Frank Prentiss have joined Ingram Infrastructure LLC as the senior leadership team. The NexStar team has experience managing more than 100 terminal assets, 30 railroads, and more than 900 trucking assets over the last 20 years. Within that set of assets, the NexStar team has handled more than 200 different commodities.
Kinzeler will serve as SVP & General Manager of the business unit, Lester as SVP of business development, and Prentiss as Commercial VP. They collectively bring more than 60 years of industry experience to Ingram Infrastructure, enabling Ingram to expand its knowledge and expertise in the logistics infrastructure space by leveraging industry best practices and multi-modal solutions.
“We are going to set the standard of excellence in marine, road and rail transportation and distribution,” said Ingram Chief Operating Officer Aaron Barrett. “We are excited to marry our deep marine transportation knowledge and track record with additional capacity in material handling and supply chain solutions. Coming on the heels of the creation of Ingram Logistics Services, which we recently launched, we offer customers a suite of services unmatched by anyone else in the space.”
The creation of this new business unit is part of a larger effort by Ingram to expand the suite of services it can offer customers. For example, Ingram Logistics Services was created in 2021 to offer a single point of contact for a full range of customized logistics services. With the addition of Ingram Infrastructure, this vision of end-to-end supply chain solutions is greatly enhanced. The new suite of services will be the most comprehensive storage and distribution solution in North America. The combination of asset and non-assets resources, coupled with vast commodity experience and forward-thinking technologies, will offer shippers and consignees both innovation and brand protection for their most complex supply chains.
About Ingram Marine Group
Ingram Marine Group includes four primary operating units: Ingram Barge Company, Ingram Logistics Services, Ingram Infrastructure and Custom Fuel Services. Ingram Barge Company is the leading carrier on America's inland waterways. Ingram operates a fleet of approximately 140 towboats and 4,100 barges that transport aggregates, grain, fertilizer, coal, ores, alloys, steel products, chemicals, and other products. Ingram Logistics Services specializes in ocean freight, domestic freight, trucking and end-to-end logistics services for our customers. Ingram Infrastructure is a material handling and supply chain solutions provider. Custom Fuel Services operates 11 floating fueling stations on the Mississippi and Ohio River Systems and provides marine fuels, lubricants, and other miscellaneous services to towboats, barges, stevedoring rigs, and ships. In addition, Ingram operates a ship anchorage in Louisiana. For more information, visit http://www.ingrambarge.com.
About Ingram Infrastructure Group LLC
Ingram Infrastructure Group is a subsidiary of Ingram Marine Group. Leveraging one of the nation’s largest inland marine transport networks, they provide end-to-end solutions using the best marine, road and rail transportation solutions available in the marketplace – all with an eye to guaranteeing a superior, worry-free way to move products and protect brands. For more information, visit http://www.ingraminfrastructure.com/.
