Join The Discussion

 

Ex Rangers manager Washington apologizes for 'breaking wife's trust'

IRVING, Texas (AP) — Former Texas Rangers manager Ron Washington says he is embarrassed for 'breaking his wife's trust.'

read more >

Troubled RadioShack files SEC form, talks with 'major vendor'

RadioShack Corp.’s latest filing with the U.S. Securities and Exchange Commission describes recent discussions that “could be beneficial to the financial restructuring of the company.”

read more >

Road Show: City leaders prepare campaign to corral votes for $450 million arena

Fort Worth’s biggest backers of a new arena at the Will Rogers Memorial Center are leaving little to the chance of a “no” vote in a citywide election Nov. 4 to decide on new fees that would fund 15 percent of the $450 million project.

read more >

Texas Health Southwest breaks ground on $40M expansion

A $40 million expansion of Texas Health Harris Methodist Hospital Southwest Fort Worth is under way, with groundbreaking ceremonies held this week.

read more >

Overland Sheepskin opening Sundance Square store in Fort Worth

The store is expected to open by the holidays, Sundance said.

read more >

D&T Trucking, Rowdy Farms, Gila Hotshot announce merged company

A. Lee Graham

Reporter

D&T Trucking of Weatherford, Rowdy Farms of Southlake and Gila Hotshot of Odessa have merged, forming one of the nation’s largest proppant logistics companies.

Proppants are substances used to keep hydraulic fractures open for oil and natural gas drilling operations.

The newly named 1845 Oil Field Services is based in Weatherford and offers customers a suite of oil field logistics and one-call freight management capabilities.

“D&T is excited to join forces with Rowdy Farms and Gila Hotshot to offer a one-call proppant freight management solution,” said Tim Buffington, CEO of D&T Trucking, who assumes the same position for the new company.

The merger gives 1845’s customers access to a fleet of nearly 500 dedicated power units and a footprint spanning several shale plays, including the Barnett, Eagleford, Haynesville, Woodford Shale and Permian Basin.

Craig Gandy, Rowdy Farms founder, is executive vice president of sales for the new company.

“1845 creates an opportunity to rapidly grow our strong independent contractor network and offer our owner operators additional services and benefits including access to a broader customer base, larger area of operation, 24-7 live dispatch, expanded regional growth opportunities, discounted fuel and attractive group insurance rates,” Gandy said. “Above all, 1845 offers our stakeholders greater financial stability.”

Helping allow the new company’s formation was financial backing of AVC Partners, a middle-market private equity group focused on growing logistics and transportation businesses.

“We see a tremendous opportunity for an innovative capacity manager like 1845 in proppant logistics,” AVC Partners said in its merger statement.

1845 Oil Field Services, based in Weatherford, provides one-call transportation, logistics and supply chain management solutions to North American oil field operators. It manages one of the largest equipment fleets dedicated to proppant transportation supported by a modern 24-7 live dispatch operation center and industry-leading logistics technology for tracking and reporting deliveries to multiple well locations.

D&T Trucking supplies transportation services to oil and gas shales nationwide. Rowdy Farms serves the proppant transportation industry, primarily operating in the Eagleford Shale in South Texas. Meanwhile, Gila Hotshot has been supplying proppant trucking services to the oil field industry since 2006. It primarily serves the Permian Basin of West Texas.

lgraham@bizpress.net

 

 

< back

Email   email
hide
Arena
What do you think of the new plans for a new Will Rogers arena and changes at the Convention Center?