
Nordic American Tanker Shipping Ltd. ("NAT") was incorporated in Bermuda in 1995. In September 1995 NAT sold securities to the public in the US and in Europe. The shares are today trading at the New York Stock Exchange ("NYSE"). The proceeds from the first offering (and subsequent exercise of warrants) were used to acquire 3 new suezmax double hull crude oil tankers (151,000 dwt) built at Samsung Heavy Industries Co. Ltd. to very high specifications. The three vessels ("Nordic Hawk", "Nordic Hunter" and "Gulf Scandic") were all delivered during the autumn of 1997 and commenced a seven-year bareboat charters to British Petroleum ("BP") immediately after delivery. The charter was based on the spot market rates at all times; with a minimum guaranteed rate. NAT's bye-laws restricted the company from acquiring additional vessels or concluding other business during the charter to BP. As the charters were close to expiry, an Extraordinary General Meeting was called for in March 2004 to decide if NAT should be wound up, or continue as an active operating company in October 2004. An overwhelming majority of the shareholders voted to continue, and in October 2004 the charter to BP expired, the restricting bye-laws were effectively changed and NAT became an active operating company.

We are a railway company with the passengers of over 1.72 million a day. With our predecessor Musashino Railway Co., Ltd., (currently the Ikebukuro Line) founded in 1912 as a foundation, we have merged Tamako Railway Co., Ltd., (currently the Tamako Line) and the former Seibu Railway Co., Ltd., (currently the Shinjuku Line, Kokubunji Line, Seibuen Line, Ahina Line and Tamagawa Line) giving rise to the current form of the company. While conducting our railway business with the focus on enhancing carrying power and safety, we have committed ourselves to the development of local communities by making concerted efforts to improve the value of the land along our railway network through land development geared to the provision of a better housing environment and the efficient management of leisure facilities at sites along our railway lines.

Arkansas Best puts its best efforts on the road to provide freight transportation services in its home state and the rest of North America. Specializing in long-haul, less-than-truckload (LTL) shipments of general commodities (no hazardous waste or dangerous explosives), subsidiary ABF Freight System accounts for over 90% of the company's sales. (LTL carriers combine freight from multiple shippers into a single truckload.) ABF Freight System operates a fleet of about 2,500 tractors and 17,000 trailers from about 280 terminals in the US, Canada, and Puerto Rico; it offers service into Mexico via alliances. Freight carried by the company includes chemicals, food, textiles, apparel, appliances, and furniture.

APL is a wholly owned subsidiary of Singapore-based Neptune Orient Lines, a global transportation and logistics company engaged in shipping and related businesses. We help customers grow their business – whether that is venturing into new territories, exploring new business opportunities, or growing in already developed markets. With more than 150 years’ experience, APL has the knowledge and the expertise to help you negotiate the increasingly complex and ever-changing global marketplace. Our partnership with some of the world’s best-known brands and success in fostering trade in emerging markets has helped defined global trade, setting new benchmarks in service innovation and excellence in every market we serve.

Portec Rail Products, Inc. engages in the manufacture, supply, and distribution of various rail products in the United States and internationally. It operates in four divisions: Railway Maintenance Products (RMP), Shipping Systems, Portec Rail Nova Scotia Company (Canada), and Portec Rail Products (UK) Ltd. (United Kingdom). The RMP division provides track component, and friction management products and services to railroads, transit systems, and railroad contractors; and railway wayside detection and operating asset data management systems. Its track component products include standard and insulated rail joints, gauge plates, and curve blocks; and friction modifiers. This division also distributes and resells purchased track components and lubricants manufactured by third parties. The Shipping Systems division engineers and sells load securement systems and related products to the railroad freight car market. Its customers include railroads, railcar builders, railcar repair shops, and railcar lessors. The Canada division manufactures rail anchors and rail spikes, and assembles friction management products primarily for Canadian railroads. It also designs, manufactures, and sells friction management products. In addition, this division manufactures stick lubrication and application systems; and Keltrack, a liquid friction modifier. The United Kingdom division offers friction management and track component products and services to the United Kingdom passenger rail network. It also designs, manufactures, and sells material handling equipment, such as overhead and floor conveyors, expandable boom conveyors, racking systems, and mezzanine flooring systems primarily used in manufacturing, distribution, garment, and food industries. Portec Rail Products markets its products directly, as well as through a third party sales representatives, agents, and distributors. Portec Rail Products, Inc. was founded in 1906 and is headquartered in Pittsburgh, Pennsylvania.

Paragon Shipping Inc. provides shipping transportation services worldwide. The company engages in the ocean transportation of various drybulk cargoes, such as iron ore, coal, grain, bauxite, phosphate, and fertilizers. Its fleet consists of 8 Panamax drybulk carriers, 2 Handymax drybulk carriers, and 2 Supramax drybulk carriers, as well as two 3,426 TEU containerships with an aggregate capacity of approximately 794,634 deadweight tons. Paragon Shipping Inc. was founded in 2006 and is based in Voula, Greece.

NORDEN, which was established in 1871, has offices in Denmark, China, Singapore, the US, Brazil, and India. Dampskibsselskabet "NORDEN" (in English, Steamship Company NORDEN) steers a steady course in global shipping. The company operates crude oil tankers and vessels that transport dry bulk commodities such as coal, grain, and steel. Its fleet consists of 200 bulk carriers and 30 tankers, and it has a newbuild program that includes 67 bulk carriers and 15 tankers. NORDEN is one of the world's leading operators of Handymax bulk carriers, as well as a top operator of Capesize and Panamax vessels for its dry cargo transport and of Aframax oil tankers. Its large fleet consists primarily of chartered vessels.

Universal Truckload Services hasn't hauled freight beyond its own galaxy, but the company does cover the US and parts of Canada (Ontario and Quebec). As an "asset-light" provider of truckload freight transportation, the company operates through a network of truck owner-operators rather than employing drivers and investing heavily in equipment. It can call upon a fleet of some 3,400 tractors and 3,400 trailers, including standard dry vans and flatbeds; the majority of its tractors and trailers are owned by others. The company generates business primarily through about 770 sales agents. Trucking magnates Matthew Moroun and his father, Manuel Moroun, control Universal Truckload Services (UTSI).

Capital Product Partners L.P. owns and operates double-hull medium-range product tankers worldwide. It provides marine transportation services under medium to long-term time charters or bareboat charters. The companys fleet consists of 21 vessels, which are capable of carrying crude and refined oil products, such as gasoline, diesel, fuel oil, and jet fuel, as well as edible oils and chemicals, including ethanol. Capital GP L.L.C. serves as a general partner of the company. Capital Product Partners L.P. was founded in 2007 and is headquartered in Piraeus, Greece.

NFT Distribution Holdings is a leading provider of logistics and transportation services that specializes in serving food manufacturers, suppliers, and retailers in the UK. It delivers a wide range of products including fresh fruit and produce, beverages, and other chilled food items. NFT Distribution serves such major grocery retailers as J Sainsbury and ASDA. In addition, the company offers logistics consulting and management services. NFT Distribution was started in 1979 as the distribution arm of Northern Foods and was spun off through a management buyout backed by Phoenix Equity Partners in 2006.
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