Establishment of America’s Premier Marine Transportation Company
Devall Towing (Devall) and Southern Towing Company (STC) announced today that they will fully integrate the operations and management of the two companies in 2023. The combination of Devall’s extensive shoreline operations network with STC’s upstream capabilities enables the newly combined company to provide integrated shipping transportation solutions throughout the United States’ inland and coastal waterway system.
Called Southern Devall, the new company will combine more than 120 years of experience with 230 barges, 70 tugboats and the expertise of 700 employees to safely move the country’s chemicals and fertilizers along all 12,000 miles of navigable waterways.
“We are excited about the opportunities that lie ahead,” said Kenny Devall, who will lead the new company as CEO. “Both Southern and Devall were founded as family businesses that share the same core values and vision. We look forward to building on this foundation as we invest in and grow the new company.”
The integration will significantly expand service options for customers. With extensive geographic reach, proven industry expertise and a full suite of competitive service offerings, Southern Devall will be a one-stop shop with the size, breadth and capabilities to compete more effectively in the marketplace.
The integration activities are expected to be completed in the second half of 2023.
Southern Devall is a portfolio company of CC Industries, a Chicago-based management company for the Crown family of private companies.
About Southern Devall
Southern Devall is a new company that will incorporate two long-standing industry leaders: Devall Towing and Southern Towing. Southern Devall will be headquartered in Sulfur, LA.
Founded in 1952, Devall is headquartered in Sulfur, LA. Devall is a sea transport service provider with a strong focus on the chemical market. Devall has two industry subsidiaries: Devall…
