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Day: November 8, 2011

NY-NJ Port Authority Buys Out Terminal Lease

The Port Authority of New York and New Jersey bought out the 10-year lease that American Stevedoring International held on the Red Hook Container Terminal in Brooklyn. The port authority acquired ASI’s cranes and other terminal...

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Portland turns away shipping containers

From KBND, Nov. 3: The Port of Portland says it has turned away some shipping containers because of concerns that they can explode. 8,000 refrigerated containers were serviced with bad coolant in Vietnam and they could explode...

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