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.
11 Jun 2015
The Port of Prince Rupert had another big month in May with total container volume increasing 45.6 percent over May 2014.