I.L.A. News

Hand-selected articles that we consider newsworthy to I.L.A. Members.



ILA’s Bowers: Tiered wages should expire
Tuesday, 17 July 2007

Updated July 17, 2007 11:16:48 AM

HOLLYWOOD, Fla. -- International Longshoremen's Association President John Bowers said that the next ILA contract should abolish tiered wages and container-royalty caps that have been a lightning rod for criticism from union dissidents.

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Maher's Saturday gates win temporary reprieve
Monday, 16 July 2007

Updated July 16, 2007 2:28:16 PM
Joseph Bonney / The JOURNAL of COMMERCE ONLINE

NEWARK, N.J. -- Maher Terminals said it will keep its truck gates open on Saturdays for six more weeks but will evaluate traffic volumes before deciding whether to continue the weekend operations beyond Labor Day.

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SSA Marine joins the list
Saturday, 16 June 2007

Journal of Commerce
Monday, July 16, 2007
By: BILL MONGELLUZZO

Financial institutions have again demonstrated their appetite for marine terminal properties. The latest example came this month when Goldman Sachs Infrastructure Partners purchased a 49 percent stake in Carrix Inc., parent company of SSA Marine and Tideworks Technology.

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Agency approves Maher Terminals sale
Saturday, 16 June 2007

By Linda A. Johnson, AP Business Writer

TRENTON, N.J. — Family-owned Maher Terminals LLC, the state's biggest shipping terminal, has won approval from a bistate agency for its planned sale to a Deutsche Bank unit.

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Shanghai Port to finalise Belgian buy
Friday, 15 June 2007

(Reuters) 15 June 2007

SHANGHAI - Shanghai International Port (Group), China’s biggest port operator, expects to finalise this year its purchase of a major stake in a Belgium container terminal, sources close to the deal said on Friday.

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Teachers' closes New York Container Terminal Deal
Thursday, 07 June 2007

TORONTO (June 7, 2007): The Ontario Teachers’ Pension Plan (Teachers’) has completed its purchase of the New York Container Terminal on Staten Island, New York. The New York facility is the last of four marine container terminals to be purchased by Teachers’ from Hong Kong’s Orient Overseas (International) Ltd. for $2.4 billion US.

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Marine Terminals Corp. sold to AIG
Wednesday, 09 May 2007

JoC Online
Wednesday, May 09, 2007
By: Bill Mongelluzzo / The JOURNAL of COMMERCE ONLINE

AIG Global Investment Group on Wednesday announced an agreement to purchase Marine Terminals Corp., one of the few remaining independent port terminal operators in the United States.

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