Breaking: Illinois Tanker Company Calls It Quits, Sources Say

[mahatmakanejeeves]

Benzinga

Breaking: Illinois Tanker Company Calls It Quits, Sources Say

FreightWaves
Wed, September 1, 2021, 10:25 AM

After 41 years, a family-owned dry and liquid bulk trucking company ceased operations as of midnight Tuesday, sources familiar with the matter told FreightWaves.

Dillon Logistics Inc., doing business as Dillon Transport, was headquartered in Burr Ridge, Illinois. The carrier had 342 drivers and 323 power units at the time of its closure, according to the Federal Motor Carrier Safety Administration's SAFER website.

Former drivers, employees, and other logistics firms started posting about the company's demise on social media Tuesday. However, the company has yet to issue a formal statement confirming the carrier's closure.

Dillon Transport's Facebook page was deactivated Tuesday, company email addresses listed on the carrier's website weren't working and no one was answering the telephone at its nine terminals in the country.

Founded in 1980, Dillon Transport provided dry bulk and liquid tanker services to the agriculture, building products, industrial, and energy industries.

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[empedocles]

1. Vulture capital consequence?

[Budi]

2. Another vulture waiting to step in. Supplies need to be met.

We'll watch who takes over this massive distribution.

Ugh.