Eco-Energy Launches Ethanol Logistics Service, Partners with Eagle Transport
FRANKLIN, Tenn.--(BUSINESS WIRE)--Eco-Energy, a leading biofuel supply chain company, announces the formation and launch of its Ethanol Logistics Service. This service will extend Eco’s logistics management capabilities to a broader mix of ethanol buyers and shippers, providing participants with improved visibility and control over their ethanol supply chain performance. The platform technology is centralized on real-time data capture, monitoring, and reporting to provide participants with the information and resources they need to extract the most value from their supply chain. The service, which is initially focused on truck transport, will begin operations with $25m+ of annual freight under management. In association with the logistics service, Eco has partnered with Eagle Transport as the preferred truck carrier for the business. In conjunction with this partnership, Eagle will assume certain truck operations currently within Eco-Energy Transportation. This combined platform establishes the largest, asset-backed logistics management service exclusively focused on ethanol.
“Eco is excited to use our expertise and market position to bring an industry-leading solution that will enable greater visibility and control across the ethanol supply chain. We recognize a real need to resolve current gaps in ethanol logistics management, as well as proactively address the future constraints we anticipate in this space. We believe our strategic partnership with Eagle ensures our logistics service has a strong asset backing by a leader in the motor fuels transport space,” stated David Maggied, Eco-Energy’s Vice President of Transportation.
Lance Collette, Eagle Transport’s President commented, “we are excited to establish a strategic partnership with Eco-Energy. We believe Eco’s Ethanol Logistic Service platform launch is compelling and unique; we are proud to be their leading tank truck carrier for this service. With this venture, Eagle expands our terminal footprint and leverages our southeastern presence to attain an increased level of value-based services to the ethanol and petroleum markets.”
ABOUT ECO-ENERGY, INC.
Eco-Energy is an integrated biofuel supply chain company focused on the marketing, trading, transportation, and distribution of biofuels across the globe. Eco-Energy is among the largest full-service marketing companies in North America with over $4.0 billion in sales and handling over 12% of the biofuels market. By leveraging Eco-Energy’s core competencies in logistics, distribution, and trading, Eco-Energy is able to provide innovative, value-added solutions for a more stable, disciplined, and vertically integrated supply chain. ABOUT EAGLE TRANSPORT CORPORATION.
Eagle Transport Corporation, based in Rocky Mount, NC, is one of the largest diversified bulk tank truck carriers in the United States serving the petroleum, ethanol and chemical supply chains. Eagle is ranked as the 6th largest carrier in Bulk Transporter’s 2018 Gross Revenue Report and ranked 11th in Transport Topics’ 2019 Bulk Tank list. Eagle operates from a network of more than 20 truck terminals and is licensed to serve the United States’ 48 contiguous states and two provinces of Canada. In 2019, Eagle Transport celebrates its 50th year anniversary; Eagle’s history is built upon service excellence to our employees, customers, and the communities we serve.