A federal judge on Friday gave the go-ahead to Maher Terminals at the Port of New York and New Jersey and the Georgia Ports Authority to dispose of Hanjin Shipping containers.
Maher Terminals is the largest container terminal in the Port of New York and New Jersey, which is the second-largest container port in the United States and the largest on the U.S. East Coast.
17 Nov 2016
Maher Terminals has been acquired by Macquarie Infrastructure Partners III and a subsidiary of Japanese shipping company NYK Line.
27 Oct 2016
Maher Terminals and the Port Authority of New York and New Jersey have agreed to settle an eight-year-long legal dispute.
08 Sep 2016
The push underscores a restlessness within the transportation industry with the customary pace of a Chapter 15 bankruptcy filing — something that has historically taken months to years to play out.
07 Sep 2016
The containers were set to be exported, but Hanjin’s Aug. 31 bankruptcy filing prevented them from being loaded.
09 Jun 2016
U.S. exporters moving goods out of the Port of New York and New Jersey are getting a better understanding of how terminals at the largest U.S. East Coast gateway will handle the new SOLAS rule.
15 Apr 2016
Deutsche Bank said it has reached an agreement to sell Maher Terminals, the 454-acre port terminal in Elizabeth, New Jersey, to a global infrastructure investment company, eight years after the German bank acquired it at the height of the pre-recession container import boom for $2.3 billion in 2007.
11 Feb 2016
Maher Terminals, the largest container terminal in the Port of New York and New Jersey, is continuing to pursue litigation claiming it’s being unfairly charged higher rent than adjacent APM Terminals.
21 Dec 2015
Specifics on how the logistics chain will handle the new verified weight rules are beginning to emerge with Maher Terminals notifying the trade that it will only accept containers for export if carriers have provided the verified weight by electronic data interchange transmission before the box arrives at the terminal gate.
09 Dec 2015
The potential sale of Maher Terminals at the Port of New York and New Jersey may mark a trend toward deeper involvement by port authorities in terminal ownership changes, an investment banker told the JOC’s Port Performance North America Conference.
02 Oct 2015
A federal appeals court has handed Maher Terminals the latest in a series of setbacks to the company’s effort to lower its rent on the largest container terminal in the Port of New York and New Jersey.