Kenan Advantage Group Signs Agreement with TravelCenters of America LLC
Canton, OH, January 8, 2009 – Kenan Advantage Group (KAG) today announced the signing of a five-year transportation agreement with TravelCenters of America LLC (TA). KAG, North America’s largest bulk transportation and logistics provider to the petroleum and specialty products industries, will provide services to the majority of TA’s locations throughout the country. TA is the largest full-service travel center business in the United States with locations in 41 states and Canada. They serve thousands of professional drivers and other highway travelers daily – including virtually all major trucking fleets – under the TravelCenters of America and Petro Shopping Center brands. The contract, valued at more than $150 million, was signed in the fourth quarter of 2008.
Dennis Nash, president and Chief Executive Officer of KAG said, “Kenan Advantage Group’s national presence allows us to provide exceptional services to segment giants such as TravelCenters of America. We have a strong and long-standing relationship with TA that dates back to the early 90s. We look forward to continuing this relationship for years to come.”
Kenan Advantage Group operates nationwide through its subsidiaries: Advantage Tank Lines, BXI, KAG West, Kenan Transport, Klemm Tank Lines, North Canton Transfer, Petro-Chemical Transport and Transport Service Co. KAG’s fleet consists of more than 3,100 power units and 4,100 trailers. KAG also provides specialized supply chain logistics services through KAG Logistics and KAG Ethanol Logistics (www.kaglogistics.com).