CalTrade Report, Marine Terminals Corp., Transtainer S.A., logistics, Chile, intermodalism, container terminal, - MTC ACQUIRES STAKE IN CHILEAN LOGISTICS FIRM - CalTrade ReportAsia Quake Victims SAN FRANCISCO – 02/17/07 – Logistics service company MTC International has acquired a stake in Transtainer SA, a logistics company based in San Antonio Port, Chile, and its terminal operating subsidiary, Seaport SA; the move will give the Bay Area-headquartered company a major foothold in the increasingly active Chilean transportation services market. - SAN FRANCISCO – 02/17/07 – Logistics service company MTC International has acquired a stake in Transtainer SA, a logistics company based in San Antonio Port, Chile, and its terminal operating subsidiary, Seaport SA; the move will give the Bay Area-headquartered company a major foothold in the increasingly active Chilean transportation services market. - MTC ACQUIRES STAKE IN CHILEAN LOGISTICS FIRM CalTrade Report, Marine Terminals Corp., Transtainer S.A., logistics, Chile, intermodalism, container terminal, - MTC ACQUIRES STAKE IN CHILEAN LOGISTICS FIRM

 

Saturday, November 22, 2008

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Page Two

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MTC ACQUIRES STAKE IN CHILEAN LOGISTICS FIRM

SAN FRANCISCO – 02/17/07 – Bay Area-headquartered logistics service company MTC International has acquired a stake in Transtainer SA, a logistics company based in San Antonio Port, Chile, and its terminal operating subsidiary, Seaport SA.

Transtainer SA operates a fleet of trucks specialized in container transportation and a fleet of reach stackers, forklifts and side lifters. Seaport SA handles not only  Chilean import and exports, but also provides transit cargo operations for shippers in Argentina and other South American countries.

The company specializes in providing cargo logistics for agricultural, forest and industrial export companies and retail, industrial, and automobile import products.

Approved by Chilean Customs as a bonded warehouse operator, the Transtainer SA provides services in the vicinity of San Antonio Port.

Marine Terminals Corp. provides contract stevedore, warehouse, and terminal operating company services for all types of commodities, including more than six million TEUs annually through is 32 terminal facilities on the US West and East Coasts. 

The company, founded in 1931, provides its global services through MTC International and MTC de Mexico and has joint ventures with several major ocean carriers and affiliates in transportation-handling equipment and IT software.

Go back, or read the latest Page Two stories:

NETSUITE GOES LIVE IN SINGAPORE

SAN MATEO – 10/28/08 – Business management software developer NetSuite Inc. has launched a new venture - NetSuite OneWorld in Singapore; the move was spurred by forecasts that that Asia-Pacific software as a service (SaaS) revenues will grow from $274 million in 2007 to around $1.8 billion by 2011.


CHINA’S TASTE FOR CAL WINE GROWS

SONOMA – 08/09/08 – California-based vintner Bronco Wine has forged a deal with Legacy Wine and Spirits International to export a selection of its varietal Hacienda label wines to China; the first container of 750ml bottles of Bronco’s Merlot, Cabernet Sauvignon, Chardonnay, Sauvignon Blanc, Riesling, Gewurztraminer, Viognier, White Zinfandel and Brut Sparkling Wine reportedly left the Port of Oakland last week.


SANDISK REJECTS SAMSUNG ACQUISITION BID

MILPITAS – 09/24/08 – US flash memory maker SanDisk Corp. has reportedly rejected a $5.9 billion bid by top memory chip-maker, Samsung Electronics Co., but said it would not rule out a deal at a better price; SanDisk said in a statement that Samsung's $26-a-share cash offer undervalued the company, but it remained open to a deal with Samsung at a price that recognizes its "intrinsic value."


DNP INTL INKS CHINA SUPPLY DEAL

SANTA FE SPRINGS – 09/08/08 – Southern California-based DNP International has signed a multi-year, $1.1 million supply agreement with Huifeng Bio-Pharmaceutical Technology of Xian, China; under the terms of the agreement, the Chinese company will deliver 62 metric tons of glucuronolactone, a naturally occurring chemical compound which has become a popular additive to energy drinks, over the next six months to DNP.


CANADIAN FIRM SNAGS AIRPORT PROJECT

SACRAMENTO – 08/11/08 – Canadian transportation multi-national Bombardier has snagged a $29.8 million contract to design, supply and install an automated people mover system at Sacramento International Airport; the automatic train system will transport airline passengers between a ticket terminal and security checkpoints and airline gates at a new Terminal B and, eventually, to Terminal A.


LOMBARD INVESTS $15 MIL IN TAIWAN MANUFACTURER

SAN FRANCISCO – 07/11/08 – Bay Area-based Lombard Investments Inc.
has said it will invest $15 million in Taiwan-based San Shing Fastech
Corporation, a major manufacturer of high quality automotive fastener systems; San Shing said it will use the proceeds to expand its product line and enter new markets.





 


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