River freight company Tidewater Holdings has announced the purchase of equipment currently operating on Washington’s Columbia Snake River system from the Foss Maritime Company.

The purchase, made up of two tug-boats and twenty barges is expected to be  completed within the next two months and according to Tidewater, is indicative of the company’s strong commitment to the Columbia Snake River
transportation system.

Tidewater President and Chief Executive Officer, Dennis McVicker said of the purchase that “we’re excited that Tidewater’s 75-year commitment and service continues to expand with added upriver equipment that will complement our current fleet and improve delivery of goods and services region-wide.”

Tidewater Holdings and Foss Maritime have announced that both company’s personnel will work together through the transition to ensure uninterrupted service to the customers served by both companies.  Additionally, Tidewater Holdings has announced that it anticipates hiring a portion of Foss Maritimes workforce, as appropriate, following a review of the needs of the operation, post acquisition.

Based in Vancouver Washington, Tidewater Holdings through its various subsidiaries, transports and stores petroleum products, bio-fuels, grain, fertilizer, export and solid waste containers, wood and paper products, to and from the upriver Ports of Lewiston in Idaho to Pasco in Washington State and
Umatilla and Boardman in Oregon.  The company employs over 300 employees in the three states, its operations spanning 465 miles on the Columbia and Snake River.

Source: PR Newswire and Tidewater Holdings

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