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Port of Sacramento Awards Terminal Operation to SSA Marine

Posted on: Friday, 15 September 2006, 21:00 CDT

SSA Marine was chosen by the Port of Sacramento to operate the port terminal in West Sacramento.

After a competitive bidding process, the Sacramento-Yolo Port District Commission approved SSA Marine to replace Marine Terminals Corp. as the new operator until the agreement expires in 2016.

SSA Marine presented the port with an attractive, alternative revenue-sharing proposal which, according to a staff report, presents the best chance for the Port to achieve the greatest amount of revenue in the near term.

About SSA Marine

SSA Marine, a subsidiary of Carrix, Inc., is the largest U.S. owned and the largest privately held container terminal operator and cargo handling company in the world, handling approximately 22 million container TEU's per year. The nearly 60 year old company serves more than 120 locations worldwide, including port operations throughout the U.S. as well as internationally in Panama, Mexico, Chile, Costa Rica, South Africa and New Zealand.


Source: Business Wire

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