T. Parker Host has acquired Impala Terminals Burnside to enhance its operations on the Lower Mississippi River, further solidifying its strategic maritime logistics presence in Louisiana.

Target Information

T. Parker Host, a maritime logistics and terminal operator based in Avondale, Louisiana, has recently strengthened its position through the acquisition of Impala Terminals Burnside. This bulk terminal, strategically situated on the Lower Mississippi River in Ascension Parish, will enhance HOST's operational capabilities within the region. Together with its complementary barge operation, Impala Fleeting Burnside, this acquisition promises significant growth opportunities. Although the financial terms of the deal remain undisclosed, the company has committed to investing an additional $6 million for equipment upgrades and operational expansion at the facility, which primarily handles commodities including coal, petroleum coke, bauxite, and alumina.

With this transaction, the terminal will now be recognized as Ascension Bulk Terminal, marking HOST's third privately owned terminal in the state. The company's extensive portfolio in Louisiana encompasses over 1,500 acres of terminal property with significant potential for future development, ensuring a robust competitive edge in the maritime logistics sector.

Industry Overview

The maritime logistics industry in Louisiana has historically played a crucial role in supporting the state’s economy due to its strategic positioning along the Mississippi River. As a vital artery for trade and transport, this region benefits from a diverse a