Crowley Acquiring 350 New 53-Foot Trailers

(JACKSONVILLE, Fla.; January 4, 2001) Crowley Liner Services is acquiring 350 new, 53-foot trailers between now and the end of February, and will deploy them in its service between the U.S. mainland and Puerto Rico.

Crowley has approximately 1,600 of these high-capacity units in its fleet. Each features 3,982 cubic feet of space, which is 4 percent more than a 53-foot container and 31 percent more than a 45-foot container.

These trailers are particularly effective because not only do they offer maximum capacity, but they are ready to hit the road with no terminal yard delays or time lost waiting to be loaded onto chassis, said John Douglass, Crowley Senior Vice President and General Manager, Puerto Rico/Caribbean. And, because our 53-foot trailers arent grounded like containers, contents are less susceptible to damage.

Big 110-inch door openings (vs. 103 inches on 48-foot containers) make them ideal for shipping low density, high-cube cargo like furniture and department store merchandise.

Customer demand in the U.S. and Puerto Rico for 53-foot trailers remains consistent as many of our shippers want the additional cubic space offered by these larger trailers, said Mike Lucero, Crowley Vice President of Purchasing.

Hyundai Precision America in Tijuana, Mexico is constructing the new 53-foot trailers to the same general specifications of Crowleys existing fleet.

Headquartered in Jacksonville, Florida, Crowley Liner Services provides cargo common carrier services between Canada, the United States and Puerto Rico, the Caribbean, Central America, Mexico, Jamaica, the Dominican Republic and the north coasts of Colombia and Venezuela. The company is a wholly owned subsidiary of Oakland-based Crowley Maritime Corp., founded in 1892. Additional information about Crowley Maritime Corp. and its subsidiaries, Crowley Liner Services, Crowley Marine Services, Crowley Logistics and Crowley Petroleum Transport may be found on the Internet at www.crowley.com.