News

Stay Current with Saltchuk

Saltchuk Hawaii Companies Grant $15,000 to Support Hospice Maui’s Facilities Expansion Project

April 24, 2014

(Wailuku, HI) – Saltchuk, a family owned company, and the parent company of Aloha Air Cargo, Hawaii/Maui Petroleum, Ohana Fuels, Minit Stop, Young Brothers, and Foss Hawaii has granted $15,000 to Hospice Maui toward their Facilities Expansion Project.  Hospice Maui’s project includes Maui’s first residential Hospice Home as well as a new Hospice Care Coordination Center, a $3.5 million dollar project that is expected to break ground in 2014.

“The owners and management of Saltchuk are committed to supporting the communities in which we do business,” stated Saltchuk Regional Giving Committee member Kimo Haynes, President of Maui and Hawaii Petroleum, “the Saltchuk Hawaii Companies chose to support this project because we believe in Hospice Maui’s mission and feel that their Facilities Expansion project will have a positive impact on the health of the entire island community of Maui.”

In the last 12 months, Hospice Maui has served 330 patients and over 1,300 patient family members and caregivers.  And over this same time period, Hospice Maui’s average daily census has doubled from serving an average of 30 patients (and their family members) in a typical day, to over 60.  Hospice Maui’s facilities expansion project will allow Hospice Maui to serve many more seriously ill residents on Maui each year and improve access to the most appropriate and specialized care for the terminally ill.   The Hospice Care Coordination Center will address the increased need for adequate space for the coordination of hospice care in the many settings we serve.

“Speaking on behalf of our Board of Directors, our staff, our volunteers, and the patients and families whom we serve, I am grateful to Saltchuk for their most generous gift.  This project has been a wonderful example of an entire community coming together for a common goal.  We have received generous support from the State of Hawaii, the County of Maui, as well as many private individuals, corporations, and foundations,” stated Dr. Greg LaGoy, Hospice Maui’s CEO, “The timing of this gift from the Saltchuk Hawaii Companies is fantastic, because it arrived in time to be generously matched by the Harold K. L. Castle Foundation and will have double the impact!”  Earlier this year the Harold K. L. Castle Foundation provided a Hospice Maui with a $100,000 matching grant challenge.   The challenge runs through the month of December, 2014.  All new gifts to Hospice Maui toward this project, that arrive by December 31^st, 2014, will be matched.  To learn more about this project, the matching grant challenge, or hospice care, visit www.HospiceMaui.org or call 808-244-5555.

Aloha Air Cargo First in Hawaii’s List of Top Women Owned Businesses

April 18, 2014

HONOLULU- Pacific Business News has named Aloha Air Cargo, as a member of the Saltchuk family of companies, No. 1 in their list of Top 25 Women Owned Businesses in Hawaii. Full article available here: Brown, Bates named PBN’s Businesswomen of the Year.

Saltchuk Announces Acquisition of Tropical Shipping

April 7, 2014

A subsidiary of Saltchuk Resources, one of the nation’s leading transportation and petroleum distribution companies, has entered into a binding purchase & sale agreement to acquire Tropical Shipping and its related companies.

The acquisition includes the premier shipping and logistics company for the Bahamas and Caribbean, Tropical Shipping and all of its related transportation, consolidation and cargo insurance companies. As an international foreign flagged shipping and logistics operation, Tropical and its related companies will become Saltchuk’s sixth line of business.  Tropical will continue to operate as a standalone operation.

The addition of Tropical Shipping to the Saltchuk family of companies furthers the company’s commitment to the Caribbean market. For fifteen years Saltchuk has been serving the people of Puerto Rico through Sea Star Line, its U.S. flag operation.  Tropical’s foreign flag fleet provides service to the balance of the region.

With the addition of Tropical, Saltchuk will employ 7,500 people nationwide. The company was recently named one of the 2014 World’s Most Ethical Companies by the Ethisphere Institute.

“Most importantly, Tropical shares our values.  The Company has a strong safety culture, has the best on time service in its region, and is committed to giving back to the communities which it serves,” said Saltchuk Chairman Mark Tabbutt and President Tim Engle in an announcement to employees. “All of the traits that make our other companies so strong can be found also at Tropical.”

The sale is expected to close within the next 90 days.

Saltchuk Welcomes Daniel S. Fulton to Board of Directors

April 3, 2014

Saltchuk is  pleased to welcome Daniel S. Fulton to the Saltchuk board of directors, effective April 1, 2014.

Dan served as CEO and director of Weyerhaeuser Company from 2008 through 2013, when he retired after nearly 38 years with the company. Prior to becoming Weyerhaeuser’s CEO, he served in a number of finance and real estate related positions, including president and CEO of Weyerhaeuser Real Estate Company, and president of Weyerhaeuser Realty Investors.

During his Weyerhaeuser career, Dan served on numerous boards related to the forest products and homebuilding industries. He is an executive fellow and past chair of the Policy Advisory Board of the Joint Center for Housing Studies at Harvard University, a member and past-chair of the Washington Roundtable, past-chair of the United Way of King County, and is a member of the Advisory Board for the Foster School of Business at the University of Washington.

Dan holds a BA in Economics from Miami University (Ohio), an MBA in finance from the University of Washington, and he completed the Stanford University Executive Program. From 1970 to 1974 he served on active duty as an officer in the U.S. Navy Supply Corps.

Dan fills the board position made available by John Rindlaub’s retirement in March. Other members of the Saltchuk board are Denise Tabbutt (Primary Shareholder), Eugene Voiland (Retired President & CEO of Aera Energy LLC), Fred Goldberg (Founding Saltchuk Shareholder), James Jiambalvo (Dean of the UW Foster School of Business), Mark Tabbutt (Chairman of Saltchuk), Robert Felton (Director Emeritus of McKinsey & Company), Stan Barer (Founding Saltchuk Shareholder), Stein Kruse (CEO of Holland America Line) and Tim Engle (President of Saltchuk).

Saltchuk Named a 2014 World’s Most Ethical Company

March 21, 2014

Ethisphere Institute honors Saltchuk companies and the culture of ethics that unites them.

SEATTLE – Saltchuk, one of the nation’s leading freight transportation and distribution companies, announced today that it has been recognized by the Ethisphere Institute, an independent center of research promoting best practices in corporate ethics and governance, as a 2014 World’s Most Ethical Company^®.

Representatives from Saltchuk and TOTE attended the WME event in New York City to accept the award, From left to right: Michael Holt, Chris Coakley, John Hoerster, Mark Tabbutt, Anthony Chiarello, RADM Phil Greene, Jr., Tim Erblich (Ethisphere), Evie Wentink and Alex Brigham (Ethisphere).

This is the first time that Saltchuk has been considered for this award, which recognizes organizations that continue to raise the bar on ethical leadership and corporate behavior. Saltchuk is one of only three companies in the transportation & logistics industry honored this year.

“The more than 6,500 employees of Saltchuk companies deserve the real honors,” says Saltchuk President, Tim Engle. “They live our values each day and take to heart that that the communities and customers we serve rely on us. A culture of ethics requires each employee make a personal commitment to live up to our organizational standards.”

“The entire community of World’s Most Ethical Companies believe that customers, employees, investors and regulators place a high premium on trust and that ethics and good governance are key in earning it,” said Ethisphere’s Chief Executive Officer, Timothy Erblich. “Saltchuk joins an exclusive community committed to driving performance through leading business practices. We congratulate everyone at Saltchuk for this extraordinary achievement.”

The World’s Most Ethical Company assessment is based upon the Ethisphere Institute’s Ethics Quotient™ framework. The Ethics Quotient framework has been developed over years of effort to provide a means to assess an organization’s performance in an objective, consistent and standardized way. The information collected provides a comprehensive sampling of definitive criteria of core competencies, rather than all aspects of corporate governance, risk, sustainability, compliance and ethics. The Ethics Quotient framework and methodology was determined, vetted and refined by the expert advice and insights gleaned from Ethisphere’s network of thought leaders and from the World’s Most Ethical Company Methodology Advisory Panel.

Scores are generated in five key categories: ethics and compliance program (25%), reputation, leadership and innovation (20%), governance (10%), corporate citizenship and responsibility (25%) and culture of ethics (20%).

The full list of the 2014 World’s Most Ethical Companies can be found at http://ethisphere.com/worlds-most-ethical/wme-honorees/.

About the Ethisphere Institute

The Ethisphere® Institute is an independent center of research, best practices and thought leadership that promotes best practices in corporate ethics and governance and enables organizations to improve compliance, mitigate risk, and enhance relationships with employees, business partners, investors and the broad regulatory community. Ethisphere evaluates and benchmarks compliance and governance programs, honors superior achievement through its World’s Most Ethical Companies® recognition program and publishes Ethisphere Magazine. Ethisphere is also the leading provider of independent verification of corporate ethics and compliance programs that include: Ethics Inside® Certification, Compliance Leader Verification™ and Anti-Corruption Program Verification™. More information about Ethisphere can be found at: www.ethisphere.com.