Under the agreement, H.L. Boulton & Co. will reduce its ownership of the terminal operating company from 100 percent to 50 percent.
The company will be renamed CSX World Terminals Boulton Puerto Cabello. CSX World Terminals said that it will oversee the management of the container facility under the direction of Curtis Foltz, vice president of Latin America for CSX World Terminals.
CSX World Terminals said that Terminal Port Services is “currently ranked as the top terminal service provider in Venezuela with the highest level of marine productivity averaging 25 crane moves per hour.”
Elsewhere in Latin America, CSX World Terminals is building a terminal on the Caucedo peninsula of the Dominican Republic. The facility is scheduled to begin operations in 2003.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now