More Transportation

FAI Runway 2L/20R OPEN

Fairbanks Runways 2L & 2R Closed Due to Freezing Rain

Vigor to build three tugboats for Tidewater

Amy Cook has joined Totem Ocean as Fairbanks Manager

King Cove Tribal Leaders Ask Interior Secretary Jewell to Reconsider Decision on Izembek Land Exchange and Road

Fairbanks International Airport to add and reconfigure vacant East Ramp Lease lots

Antarctic Incident Demonstrates Need for Stronger US Icebreaker Capability

Begich Welcomes Progress on Arctic Port Study

Carlile Transportation Systems Announces New Senior Account Manager

A Year of Transportation Industry Acquisitions

Alaska’s transportation industry is undergoing changes in ownership of some of its key players. It all started about a year ago when American Fast Freight (AFF) was acquired by The Resolute Fund II, L.P., an affiliate of The Jordan Company, a middle-market private equity firm managing more than $5 billion of committed capital across several industries. The company is headquartered in New York with offices in Chicago and Shanghai.

By Dimitra Lavrakas