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Infrastructure  + Alternative Assets  + Real Assets  | 
LOGISTEC Expands Inland Network with Mississippi River Terminal Acquisition

LOGISTEC Expands Inland Network with Mississippi River Terminal Acquisition

LOGISTEC has expanded its inland logistics footprint with the acquisition of Travero’s Logistics Park Dubuque (LPD), a multimodal marine terminal located in East Dubuque, Illinois along the Upper Mississippi River. 

The 100-acre facility serves as a strategic hub for bulk and breakbulk commodities, enabling transfers between barge, rail and truck while providing direct rail access through CN Rail and barge connectivity along the Mississippi River system. The terminal supports major U.S. manufacturers across the agriculture, steel, manufacturing and energy sectors. 

The acquisition strengthens LOGISTEC’s inland waterways network, enhancing transportation and distribution routes linking the U.S. Midwest with Gulf Coast export markets. 

“This terminal strengthens our ability to serve customers in the Midwest with efficiency and access to emerging markets,” said Sean Pierce, CEO of LOGISTEC. 

LPD specializes in handling, storage and logistics services for a wide range of commodities and has built strong relationships with regional manufacturers and supply chain partners. 

“LPD has a strong track record and a dedicated team, and we are proud of the role the facility has played in supporting our customers, regional supply chains and the broader community,” said Lisha Coffey, president of Travero. 

The deal continues LOGISTEC’s broader expansion strategy across global logistics infrastructure. The announcement follows the company’s recent agreement to acquire IPA Terminal in Altamira, Mexico, further strengthening its marine terminal network across North America. 

Berenson & Company, LLC, acted as financial advisor to LOGISTEC, and King & Spalding served as the legal advisor. RJM & Company, LLC acted as the financial advisor to Travero, and Chapman & Cutler as the legal advisor. 

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About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.