Posts Categorized: Growth
July 2, 2018
November 28, 2017
Glenn Hong celebrates 25 years at Young Brothers with retirement and transition to parent company, leading Saltchuk’s Hawaii business initiatives
October 12, 2017
Honolulu – Young Brothers, Ltd has announced Glenn Hong will retire at the end of the year as company president to undertake a new leadership role with parent company Saltchuk, focusing on Hawaii business initiatives effective January 1, 2018.
“I’ve deeply valued the opportunity to serve Hawaii by maintaining and even enhancing Young Brothers’ 117+-year legacy as the leading shipping company connecting our island state,” said Hong. “I look forward to pursuing a new role with Saltchuk and helping to support its family of companies in the islands.”
Hong began at Young Brothers in 1991 as vice president of Finance and Government Affairs, coming from Hawaiian Electric Industries. In 1992, he assumed the presidency and immediately set to work to infuse the organization with a customer-driven mindset.
Hong joined the Saltchuk organization in 1999, when the company acquired Young Brothers and Hawaiian Tug & Barge from Hawaiian Electric Industries. From the beginning, Saltchuk sought to create a family of companies that were part of the fabric of the community. In the next decade, Hawaii Petroleum, Minit Stop and Ohana Fuels, as well as Aloha Air Cargo were added to the family.
Under Hong’s leadership, Young Brothers has undergone a fleet modernization initiative to meet neighbor island cargo needs into the next generation. By the end of 2018, Young Brothers will have made capital investment of over $180 million in new vessels and shore-side equipment. These investments include four new large 11,700-ton capacity barges as well as a 5,600-ton multi-deck roll-on/roll-off barge for vehicle transportation that is currently in service. In addition, in 2016, Young Brothers commenced construction of four new 6,000 HP American-built tugs that are slated to begin service in the middle of 2018. These investments will enhance operational efficiency for the company and improve reliability for Hawaii customers.
Having positioned Young Brothers for the future, Hong will shift his focus to represent Saltchuk’s Hawaii operations.
“Glenn is not only well-regarded within our organization, he is a valued and respected member of the Hawaii business community. We are grateful for his contributions at Young Brothers and are looking forward to his new role at Saltchuk,” said Saltchuk President Tim Engle.
Young Brothers has not yet named a successor for Hong. Saltchuk’s marine services business, Foss Maritime, is expected to make an announcement in the coming months.
Foss Maritime President, John Parrott, recognized Hong’s service and accomplishments, “We take this moment to honor Glenn – for his dedication, his deep employee, community and industry relationships, and for his keen commitment to cargo services within the most water-borne dependent state in the nation. He has been steadfast in his work with the tenets of balance and justice for customers, employees and investors.”
In his new role Hong will remain based in Honolulu and will continue his decades-long commitment to serving the people of Hawaii.
August 17, 2017
Terminal space in Honolulu key to TOTE’s plans to bring new environmentally advanced containerships to Hawai’i trade in 2020
Honolulu, HI – TOTE announced today its intention to establish a new domestic shipping service to Hawai’i. The company is working with Philly Shipyard to construct four new environmentally advanced containerships, custom built for the trade. This week began conversations to secure the new deep water Kapalama Container Terminal (KCT) in Honolulu for TOTE, a critical step in making the new service a reality.
For more than 40 years, TOTE and its operating companies have provided dedicated service to Alaska and Puerto Rico. As part of its commitment and stewardship of the communities it serves, the company has invested more than $600 million to convert its ships to run on natural gas, making its fleet the most environmentally friendly in the U.S.
“TOTE is excited to bring our best-in-class service to the people of Hawai’i,” noted Anthony Chiarello, President and CEO of TOTE. “TOTE’s presence on the islands will provide market stability and introduce new environmentally advanced vessels that will greatly benefit the islands.”
Timing is critical for construction of new ships for Hawai’i and a commitment for terminal space in Honolulu is needed to move the new venture forward. New environmental regulations taking effect in 2020 necessitate replacement of aged ships currently operating in the trade. As planned, the new vessels from Philly Shipyard will enter service in early 2020 and 2021, just in time to meet the deadline and maintain trade capacity.
“TOTE’s commitment is to provide superior service for our customers as well as the communities we serve, ensuring that goods arrive on time week in and week out,” noted Chiarello. “TOTE will bring the same commitment to our Hawai’i operations to ensure maritime transportation is industry leading.”
TOTE is a leading transportation and logistics company, overseeing some of the most trusted companies in the U.S. domestic trade. TOTE Maritime Alaska and TOTE Maritime Puerto Rico bring a focus on reliability and service to their respective markets. TOTE Services offers crewing and technical services to meet the needs of commercial, privately owned and U.S. Government vessels. TOTE owns and operates the most environmentally friendly cargo fleet in U.S., including the world’s first LNG powered containerships that serve the Puerto Rico trade.
TOTE Maritime Alaska was recently voted the Top Ocean Carrier in the 2017 Quest for Quality Awards while both TOTE Maritime Alaska and TOTE Maritime Puerto Rico tied for first place in the customer service category.
TOTE is part of the Saltchuk family of companies. Saltchuk transportation and distribution companies operate throughout North America and have served the communities of Hawaii for more than 18 years. Saltchuk companies serving Hawaii include Aloha Air Cargo, Aloha Tech Ops, Foss Maritime, Young Brothers, Hawaii Petroleum, Minit Stop and Ohana Fuels.
For more information on TOTE please visit www.toteinc.com.
For more information on the Saltchuk family of companies please visit www.saltchuk.com.
July 5, 2017
Northern Aviation Services, Inc. operates Boeing 737 freighters and provides 767 freighter services under ACMI (Aircraft, Crew, Maintenance, and Insurance) agreements with ATSG’s airline subsidiaries.
Under the agreements, CAM will lease three 767-300 freighters to Northern Aviation Services, Inc. for seven-year terms, beginning with the first lease in October 2017. The agreements also provide for the potential lease of additional 767-300s from CAM in 2018. These long-term lease placements will add to the already greater than 80 percent of CAM’s 767 fleet contracted under multi-year dry lease.
Some of the leased 767-300s will replace CAM-owned 767-200/300s currently operating on an ACMI basis under ATSG’s Wet-2-Dry program, which allows carriers to prove their business case for 767s under ACMI arrangements, then transition to long-term dry lease arrangements.
ATSG President and CEO Joe Hete said, “Our relationship with Northern Aviation Services and its affiliates began in 2015 and is expanding based on the solid relationship the companies have developed over that time. We are pleased that NAS has come to appreciate the advantages of our midsize Boeing 767s and the benefits they can provide to regional air cargo networks like the one that NAS is developing. We hope to provide more details about our continuing role as a provider of reliable midsize freighters to NAS in the coming months.”
NAS President and CEO David Karp said, “We’re pleased to be moving forward with our transition from wet leasing to dry leasing with CAM. Our experience over the past two years has given us the confidence to move ahead with this initiative. We look forward to continued mutually beneficial collaboration with ATSG, CAM, and their family of companies. We have already commenced hiring and training of pilots to accommodate this expansion and our operating companies are excited about providing expanded services to our valued customers.”
ATSG is a leading provider of aircraft leasing and air cargo transportation and related services to domestic and foreign air carriers and other companies that outsource their air cargo lift requirements. ATSG, through its leasing and airline subsidiaries, is the world’s largest owner and operator of converted Boeing 767 freighter aircraft. Through its principal subsidiaries, including two airlines with separate and distinct U.S. FAA Part 121 Air Carrier certificates, ATSG provides aircraft leasing, air cargo lift, aircraft maintenance services and airport ground services. ATSG’s subsidiaries include ABX Air, Inc.; Airborne Global Solutions, Inc.; Air Transport International, Inc.; Cargo Aircraft Management, Inc.; and Airborne Maintenance and Engineering Services, Inc. including its division, PEMCO World Air Services, Inc. For more information, please see www.atsginc.com.