Former Eagle Global Logistics founder & CEO Jim Crane is joining with other freight-forwarding experts in forming Crane Worldwide Logistics.

Crane, who expects to officially launch the new venture in mid-to-late August, will serve as chairman of the board. He will be joined by John Magee and Keith Winters on the management team. Magee will serve as CEO and Winters COO.

All three worked together at Eagle Global Logistics before the publicly held company was bought out by Ceva Group last year. Combined, the management team has over 185 years of experience in global logistics.

“Now is the time for this team to apply all of our years of accumulated knowledge and combine them with innovative new systems that redefine logistics solutions,” Crane said. “We will add velocity to the supply chain while simultaneously removing costs for all stakeholders in the process.”

Headquartered in Houston, the global company anticipates more than $1 billion in revenue over the next five to seven years. The headquarters will be environmentally friendly and strictly follow quality, health, safety and environment guidelines, the company said. It will also operate in compliance with the U.S. EPA SmartWay Transport Partnership to reduce greenhouse gas emissions.

The company expects to hire more than 4,000 employees over the next five to seven years and focus operations on the Asia/Indian subcontinent, the Americas and Europe.

Related article: Crane Forms Logistics Company (Outsourced Logistics)

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