May 12 2015
Charleston, South Carolina – APM Terminals will sell its Charleston, South Carolina stevedoring business to SSA Cooper in a strategic move that boosts the focus on the company’s core business. The amount was not disclosed. APM Terminals long term strategy is to optimize the company’s portfolio and simplify business activities that are non-core assets.Jack Craig, APM Terminals Senior Vice President said “We are proud of the role Charleston has played in our company’s history. Our talented people, service capabilities and operational performance make it a perfect fit with SSA Cooper. Equally important, we have enjoyed the support of our customers and excellent relations with Jim Newsome and the South Carolina Ports Authority leadership through the years and Senator Larry Grooms, Chair of the Senate Transportation Committee.” APM Terminals operates seven container terminals in the USA: Elizabeth, New Jersey; Jacksonville, Florida; Miami, Florida; Mobile, Alabama; Houston, Texas; Los Angeles, California; Tacoma, Washington.
Source: APM Terminals press release
Source: APM Terminals press release