Crowley Invests $ 5 0 Million In New Equipment For Americas Service

Crowley American Transport, Inc., a subsidiary of Crowley Maritime Corp. of Oakland, Calif., will be making another major investment in its South American, Central American and Caribbean services with the planned acquisition during 1995 of an estimated $50 million worth of new container equipment.

Crowley will acquire 2,400 40-ft. high-cube dry containers; 800 40-ft. standard dry containers; 1,150 40-ft. high-cube refrigerated containers; 300 20-ft. standard refrigerated containers; and 3,000 container chassis. The new containers will be constructed with a combination of Corten™ corrosion-resistant steel and stainless steel to ensure strength, structural integrity and damage prevention. They will be phased into Crowley's equipment fleet in 50,000 units. The reefer equipment will meet all of the new refrigerated unit environmental standards. Delivery of the new equipment is slated to start in early 1995.

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