M&A Deal Summary

CSX Acquires Eastern Associated Terminal Company

On August 7, 2013, CSX acquired marine company Eastern Associated Terminal Company from Ingram Barge

Acquisition Highlights
  • This is CSX’s 1st transaction in the Marine sector.
  • This is CSX’s 3rd transaction in the United States.
  • This is CSX’s 1st transaction in Florida.

M&A Deal Summary

Date 2013-08-07
Target Eastern Associated Terminal Company
Sector Marine
Buyer(s) CSX
Sellers(s) Ingram Barge
Deal Type Divestiture

Target

Eastern Associated Terminal Company

Tampa, Florida, United States
Eastern Associated Terminal Company LLC, is a marine transportation company.

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Buyer(S) 1

Buyer

CSX

Jacksonville, Florida, United States

Category Company
Founded 1978
Sector Transportation
Employees22,500
Revenue 14.7B USD (2023)
DESCRIPTION
CSX's corporate headquarters in Jacksonville, Florida.
CSX's corporate headquarters in Jacksonville, Florida.

CSX is a national railroad company principally serving the southeast US. The company's rail and intermodal businesses provide rail-based transportation services including traditional rail service and the transport of intermodal containers and trailers. CSX was founded in 1978 and is based in Jacksonville, Florida.


DEAL STATS #
Overall 3 of 5
Sector (Marine) 1 of 1
Type (Divestiture) 1 of 2
State (Florida) 1 of 2
Country (United States) 3 of 5
Year (2013) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-08-30 Savannah Wharf Branch Rail Line

Georgia, United States

Savannah Wharf Branch rail line is a 6.5 miles of track and related assets and a twenty year lease of the related real estate along the rail line.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-05-12 Quality Carriers

Tampa, Florida, United States

Quality Carriers is a provider of bulk liquid chemicals truck transportation. Quality Carriers was founded in 1965 and is based in Tampa, Florida.

Buy -

Seller(S) 1

SELLER

Ingram Barge

Nashville, Tennessee, United States

Category Company
Founded 1946
Sector Marine
DESCRIPTION

Ingram Barge Co., a quality marine transporter towing on America's inland waterways since 1946.


DEAL STATS #
Overall 1 of 1
Sector (Marine) 1 of 1
Type (Divestiture) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2013) 1 of 1