Crowley Maritime Corp., a provider of marine solutions, energy and logistics services, announced it would complete the merger of its liner services group into Crowley Logistics come Jan. 1. Steve Collar, senior vice president and general manager, will lead the new business unit.
“This restructuring is essential for us to compete more effectively in our markets while providing clarity to our customers and business partners that we are a fully integrated logistics organization with a focus on our customers’ supply chains,” said Tom Crowley, company chairman and CEO, in a release. “We add a lot more value when we help customers increase the velocity of their supply chains and reduce their landed costs.”
The move is part of a planned corporate restructuring announced earlier this year to yield four business units: Crowley Fuels, Crowley Solutions, Crowley Shipping and Crowley Logistics.
Crowley Holdings, the holding company of the 126-year-old Crowley Maritime Corp., is a family- and employee-owned company. The corporation generates more than $2 billion in annual revenue and employs approximately 5,300 people, according to its website.
To better serve customers with integrated supply chain solutions, we're completing the merger of our liner services group into Crowley Logistics on Jan. 1 under the veteran leadership of Steve Collar, senior vice president and GM. Read the news here: https://t.co/7DK6B41XLh pic.twitter.com/EwKfg4G2um— Crowley Maritime (@CrowleyMaritime) November 29, 2018