Saltchuk is a family of transportation and distribution companies headquartered in Seattle, WA, US. As of June 2017[update], Puget Sound Business Journal listed it as the largest family owned business in Washington state, with 2016 revenues of $2.65 billion, employment of 919 in Washington and an additional 4,761 employees elsewhere in the world.[1]
Throughout North America, Saltchuk companies provide air cargo, marine services, energy distribution, domestic shipping, international shipping, and logistics.
Lines of business
Saltchuk is organized in seven lines of business that are responsible for the operation and growth of a related portfolio of businesses:
Saltchuk Marine: Consists of five operating companies.
Foss Maritime - A Tug company founded in 1889 and joined Saltchuk Marine in 1987.[2]
Young Brothers - founded in 1900
Saltchuk Logistics
Saltchuk Aviation
NorthStar Energy
TOTE
Tropical
OSG
Regions served
Saltchuk stated goal is "building the best family of transportation and distribution companies in North America." Saltchuk companies specialize in serving non-contiguous regions of the country by having operational density in key US Markets, in particular Alaska, Washington, Hawaii and Florida/Caribbean markets.
Alaska
Across Alaska, Saltchuk companies provide fuel and cargo transportation. Saltchuk collectively is one of the state's largest private employers with more than 1,000 employees.
Saltchuk's operations in Florida and the Caribbean include service to 28 ports, including service from Jacksonville to Puerto Rico and scheduled and on-demand air cargo service throughout the Caribbean. Saltchuk companies employ more than 1,900 in the region.
Shoreside Logistics
StratAir
TOTE Maritime (formerly Sea Star Lines)
Tropical Shipping
Acquisitions
Saltchuk Resources
In May 2024, Saltchuk Resources purchased Overseas Shipholding Group (OSG), a US-based deepwater and coastal tanker operator, for a reported $950 million.[3]
CTIB, an Alaska-based marine transportation company, was acquired in 2011.[4]
Young Brothers was acquired in 1999 for an undisclosed amount.[5]
Hawaii
Saltchuk acquired Young Brothers in 1999 and The Haynes Companies (Hawaii Petroleum companies) in 2006, expanding into energy distribution on Maui and the Big Island.[6] In 2008, almost entirely due to the personal efforts of Senator Daniel Inouye, Saltchuk took over Aloha Airlines's cargo division after the airline went into bankruptcy.[7]