Quality Distribution announce affiliation plan for Marcellus, Utica shale

The company announced its plan to affiliate its Energy Logistics trucking operations in the Marcellus and Utica regions. Three current company-operated terminals will be converted to affiliated operations. QC Energy Resources will continue to manage its brokerage command center. The affiliation is a new relationship with an independent operator who is based in the Williamsport, Pennsylvania area and operates an existing and successful oilfield services company. In conjunction with this effort, the new independent affiliate has purchased and leased certain transportation equipment from the company to ensure sufficient capacity for the combined customer base and execute a smooth transition of the business. The company expects to incur certain cash and non-cash costs associated with this affiliation in Q2.