CSX completed the acquisition of the Quality Carriers unit of Apax-backed Quality Distribution.

CSX, an American holding company focused on rail transportation and real estate in North America, completed the acquisition of the Quality Carriers unit of Apax-backed Quality Distribution, a privately-held global logistics and transportation provider. Financial terms were not disclosed. “We are thrilled to welcome the Quality Carriers team to CSX. We strive to provide chemical producers and shippers with the most efficient, cost-effective transportation services possible. By combining CSX’s and Quality Carriers’ capabilities, we can deliver an unparalleled multimodal solution that will generate substantial value for our customers," James M. Foote, CSX President and Chief Executive Officer.