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CORPORATE ANNOUNCEMENT

13 January, 2009

Move Over Super Bowl – TraPac Jacksonville is Open for Business

Concord, CA – January 13, 2009 – After much anticipation, TraPac marked the official opening of its new 158-acre terminal Monday evening, with the arrival of the CMA CGM Virginia (Voyage 161E) at the Jacksonville Port Authority (JAXPORT).

 

The Virginia’s arrival brings to fruition nearly four years of work that began with a groundbreaking ceremony on August 3, 2005.  

 

                  

                                                                                                        Photo Courtesy of the Jacksonville Port Authority

 

"The opening of the TraPac Terminal signals JAXPORT's move into the big leagues of international trade," said Rick Ferrin, JAXPORT's Executive Director. "This is the start of Jacksonville's future as a hub for transportation and logistics, and we look forward to a long, successful collaboration with MOL/TraPac."

 

Financial figures estimate that TraPac’s new JAXPORT terminal is expected to generate nearly a billion dollars annually in local economic benefits – almost three times the proceeds generated by the Super Bowl – from private sector wages, taxes and revenue earned by neighboring businesses.

 

With its outstanding rail and highway access, as well as a cutting-edge container handling system capable of 800,000 TEU’s annually, TraPac Jacksonville is destined to become a first-string player in one of the fastest growing markets in the US.

 

About MOL

MOL operates one of the largest and most diverse networks of liner and logistics services around the globe, including weekly Transpacific, Transatlantic, Americas and Asia-Europe services.  MOL (America) Inc. and TraPac, Inc. are wholly-owned subsidiaries of MOL (Mitsui O.S.K. Lines, Ltd.) one of the world’s largest multi-modal shipping companies.  Please visit the company’s website at www.MOLpower.com.  

 

 

For more information, please contact:

Ed Huebbe

Manager, Corporate Communications

MOL (America) Inc.

Tel: 1-925-688-2608 / Fax: 1-925-688-2670
Email: ed.huebbe@molamerica.com

 

Dennis Kelly

Regional Vice President & General Manager

TraPac, Inc.

Tel: 1-904-696-4901 / Fax: 1-904-696-4909

Email: dennis.kelly@trapac.com

 

Nancy Rubin

Director of Communications & Public Relations

JAXPORT

Tel: 1-904-357-3012 / Fax: 1-904-357-3060

Email: nancy.rubin@jaxport.com


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