Crowley Acquires Alaska Fuel Distribution Businesses

Crowley has acquired the Alaska based fuel distribution business of Northland Fuel, LLC. The purchase consists of the assets of Yukon Fuel Company, Northland Vessel Leasing and the stock of Service Oil and Gas, Inc. Crowley has also acquired the assets of Yutana Barge Lines, LLC from an affiliated company. "This acquisition made sense for a number of reasons," said Tom Crowley, Jr., Chairman, President and CEO. "These Alaska-based businesses complement each other as well as Crowley's existing fuel distribution and sales activities in the state. All share our commitment to environmental protection, safety and best practices. We believe that combining assets, personnel and resources will produce greater efficiencies and improve service for the markets and customers we serve."