A Charleston-based trucking business is beefing up its presence near Virginia's biggest port terminal.
Atlantic Intermodal Services has purchased the trucking division of Chesapeake, Va.-based D.D. Jones Transfer and Warehouse Co. in a deal announced last week. Financial terms were not disclosed.
"It was very appealing for us," said Jeff Banton, president of Atlantic Intermodal.
He said congestion at ports farther north, especially in and around New York City, are driving more cargo ships to Virginia's waterfront.
Atlantic Intermodal is combining the 31 trucks and 27 trailers it purchased from D.D. Jones with its existing operations near the Norfolk container port. It also is hiring drivers who had worked for D.D. Jones.
"It's a proven area for us," Banton said. "We felt Norfolk is a good fit."
Atlantic Intermodal Services is based on Clements Ferry Road near Daniel Island. It was founded in 2005 and is part of Memphis-based IMC Companies.
In addition to its Charleston and Norfolk operations, Atlantic Intermodal provides transportation and logistics services in Atlanta, Charlotte, Greensboro, Jacksonville, Fla., and Savannah.
Banton said the company is looking ahead to the expansion of the Panama Canal, which will make it easier for larger container vessels to ferry cargo to the Southeast from Asia.
"We'll be in port to capture it, no matter what port it goes into," he said.