Business
2:15 pm
Mon November 4, 2013

Lynden completes the purchase of Northland Services

One of the major barge companies that serves Western Alaska has been purchased by a major transportation company that serves Alaska and the Pacific Northwest. Back in April Lynden, which is a family of freight transportation companies, agreed to buy Northland Services for an undisclosed sum. The transaction is now complete.

In a prepared statement Lynden’s President and CEO Jon Burdick noted that Northland Service’s barge capabilities to Hawaii and Western Alaska complement Lynden’s current service offerings. Northland Service’s President and CEO Larry Stauffer notes that Lynden provides an ideal situation to better serve Northland Service’s customers and employees. Northland Services will operate and an independent operating company within the Lynden family of companies and the current Northland management team will stay in place. Lynden has several subsidiary companies including Alaska Marine Lines, Lynden Transport, Lynden International, Alaska West Express, Lynden Air Cargo and Brown Line. Last month the deal was approved by an Anchorage superior court judge.

Credit Lynden