Crowley Invests in REPOWR to Accelerate Sustainability in Supply Chains
JACKSONVILLE, Fla., April 11, 2023 /PRNewswire-PRWeb/ -- Crowley, a global transportation and logistics provider, announced today a venture investment in REPOWR, a logistics-technology start-up, bringing a technology platform for equipment and asset usage and sharing to the supply chain industry. The platform enables companies to seamlessly share logistics equipment, increasing performance while reducing the environmental impact of ownership. Through the partnership, the companies will advance sustainable solutions for supply chain management for a wider market.
- Through the partnership, the companies will advance sustainable solutions for supply chain management for a wider market.
- REPOWR has developed the collaborative asset-sharing platform, connecting logistics companies with more data and analytics to reduce underutilized assets.
- "Our investment in REPOWR advances Crowley's commitment to sustainability and further solidifies innovation as part of our strategic growth.
- Crowley increased network efficiencies and asset utilization, highlighting the opportunity this partnership affords for supply chains globally.