Crowley makes inroads into Puerto Rico with acquisition

In an effort to provide more value-added services to Puerto Rico-based shippers, Crowley Maritime Corporation’s logistics group announced it has acquired Islandwide Air and Ocean.

By ·

In an effort to provide more value-added services to Puerto Rico-based shippers, Crowley Maritime Corporation’s logistics group announced it has acquired Islandwide Air and Ocean.

Financial terms of the deal were not disclosed.

Crowley officials said that this deal will enable the company to offer shippers multiple logistics services, including: ocean and air transportation, trucking, transportation management and warehouse services in Puerto Rico, as well as less-than-container-load (LCL) freight transportation from the U.S. to Puerto Rico from Crowley’s Florida-based warehouses in Miami and Jacksonville and a new Northeast-based consolidation center.

“Crowley is expanding its service offerings into different destinations and the fact that our sister company calls on Puerto Rico on a regular basis, we thought it would be a nice tie-in to offer our existing customer base with a wider breadth of service offerings that they have asked us to do,” said Carlos Rice, Crowley vice president of supply chain services, in an interview.

That mindset led to the decision for Crowley to enter the Puerto Rican market, explained Rice, in order to fulfill the needs of its customer base.

While he declined to provide a specific number, Rice said Islandwide’s customer base is comprised of dozens of shippers doing business in Puerto Rico. He said Crowley will retain the entire customer base Islandwide Air and Ocean was servicing, coupled with an additional customer base Crowley will be bringing to the table.

Crowley spokesman Mark Miller said the company’s Liner Services group, which transports container loads to Puerto Rico has thousands of customers.

In terms of benefits of this deal for Puerto Rico-based shippers, Rice said that as shippers continue to demand improved delivery times and lower costs, Crowley is offering value-added services to meet shippers’ needs like inventory management, distribution services, order processing, and express service from Puerto Rico.

“These are some of the wider service offerings we are able to offer our customer base, and in cooperation with them as a mutual understanding that we can meet their cost objectives by providing more today than they were accustomed to receiving from different suppliers,” said Rice. “We can now offer that in-house and bring them a one-stop shop.”

Regarding personnel, Rice said the entire Islandwide employee structure has been absorbed by Crowley.

“Clearly this partnership adds significant value for all our customers in terms of providing real solutions at all levels of the supply chain, from manufacturing to the final consumer and every step in between,” said Pedro J. Rosaly, CEO of Islandwide, in a statement.


About the Author

Jeff Berman, Group News Editor
Jeff Berman is Group News Editor for Logistics Management, Modern Materials Handling, and Supply Chain Management Review. Jeff works and lives in Cape Elizabeth, Maine, where he covers all aspects of the supply chain, logistics, freight transportation, and materials handling sectors on a daily basis. Contact Jeff Berman

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Latest Whitepaper
Logistics Network Analysis
Logistics network monitoring is an important step in understanding what actually occurs throughout your supply chain.
Download Today!
From the January 2018 Logistics Management Magazine Issue
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and the most successful shippers will be those that are able to mitigate their impact on profitability. And, the right technology will play an increasingly vital role in driving efficiencies across the global logistics network.
The Future of Retail Distribution
Navigating the Reverse Supply Chain for Connected Devices
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
IAM, IoT and the Connected Supply Chain
There are three primary models of Identity and Access Management (IAM) technology that CTOs, CSOs, and Supply Chain executives are using to enhance their trading partner communities. While each leverages IAM and the IoT as core components only an “Outside-in” approach truly connects people, systems and things reliably and securely across the supply chain.
Register Today!
EDITORS' PICKS
State of Global Logistics: Delivering above and beyond
Industry experts agree that costs across all sectors worldwide will continue to rise in 2018, and...
2018 Rate Outlook: Economic Expansion, Pushing Rates Skyward
Trade and transport analysts see rates rising across all modes in accordance with continued...

Building the NextGen Supply Chain: Keeping pace with the digital economy
Peerless Media’s 2017 Virtual Summit shows how creating a data-rich ecosystem can eliminate...
2017 NASSTRAC Shipper of the Year: Mallinckrodt; Mastering and managing complexity
An inside look at how a large pharmaceutical firm transformed its vendor and supplier relationships...