The recent organizational restructuring of Crestwood LP’s transportation services division signals a major expansion for the company’s tank truck transportation and logistics services. The newly formed Crestwood Transportation LLC is a wholly owned subsidiary of Crestwood Midstream LP. Crestwood Transportation identified an opportunity in the $20-billion petroleum-related tank truck transportation sector to strengthen its footprint as a full-service logistics solution provider.
Fleet Advantage has joined Crestwood Transportation as a strategic partner providing leasing services for trailers and power units. In addition, Fleet Advantage will provide expertise in using data analytics to manage large private fleets. All transportation equipment includes electronic on-board recorders (EOBRs), which will allow Crestwood Transportation to track the operational effectiveness of its fleets. Capturing and organizing operating data and combining it with an understanding of the marketplace provides efficiencies that ultimately lower costs. Fleet Advantage has provided significant savings for its clients as a result of data-driven fleet management solutions.
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