LOGISTEC Acquires Logistics Park Dubuque

LOGISTEC, a North American marine terminal and logistics services provider, announced the acquisition of LOGISTEC===Logistics Park Dubuque (LPD) from Alliant Energy===Travero, a subsidiary of Alliant Energy Corporation. LPD is a multi-purpose marine terminal located in East Dubuque, Illinois, on the Upper Mississippi River. This acquisition expands LOGISTEC's inland waterways network, providing strategic routing options for agriculture, manufacturing, and energy supply chains across the US Midwest and the Gulf Coast. The terminal, a 100-acre multimodal facility, specializes in handling, storing, and loading bulk and breakbulk commodities between barge, rail (via Canadian National Railway), and truck. This move aligns with LOGISTEC's broader expansion strategy, following a recent acquisition agreement for the IPA Terminal in Altamira, Mexico. Alliant Energy===Travero's sale of LPD allows it to focus on its core businesses, while LOGISTEC aims to leverage LPD's operational foundation and customer base to drive long-term value.