Joseph Bonney | Mar 14, 2011 4:19PM EDT
Wallenius Wilhelmsen Logistics opened a processing center at the Port of Galveston, Texas, for storage and processing of heavy construction, agricultural and mining equipment.
The Galveston facility will be Wallenius Wilhelmsen’s 11th such processing center. It will have storage for 7,000 units and provide inventory management, inspections, repairs, preventive maintenance, cleaning and dealer distribution services.
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Wilh. Wilhelmsen news from JOC:
Wilh. Wilhelmsen Boosts Profit 13.5 Percent
The center is in a foreign trade zone, which allows duty exemption on re-exports for units that are temporarily stored at the site, as well as deferral of customs duty.
-- Contact Joseph Bonney at jbonney@joc.com.