A new all-water service connecting Houston with San Juan, Puerto Rico, will launch May 29 when the U.S.-flagged containership National Glory departs the Port of Houston Authority's Jacintoport terminal on its maiden voyage.
The new 14-day service, which is being provided by National Shippers of America (NSA), is called "Isla Verde Express" and will provide customers with more transit options and supply chain flexibility in this "under-served" market, NSA officials say.
"After careful market analysis, we found that shippers west of the Mississippi River have few options to move cargo to and from Puerto Rico without having to use an East Coast port," said Torey Presti, NSA president. "A significant percentage of the mainland-Puerto Rico cargo is from Texas and the western states. By calling Houston, the service will offer a central U.S. location, which together with synchronized intermodal connections, enhances the options for shippers and keeps their supply chains predictable and steady."
In addition to its centralized location, Jacintoport provides a broad range of intermodal, warehousing and logistics support. The terminal will provide direct rail connections, warehouse and terminal services to NSA.
Value-added services include warehousing, crossdocking, transloading and bagging. Cargo will discharge from the vessel and be available both in Houston and San Juan early on Tuesdays for delivery to distribution centers or onward intermodal transport without a weekend delay.
Typical commodities shipped to Puerto Rico include resins, rice, beans, chemicals, beverages and produce. From Puerto Rico, the U.S. mainland receives medical supplies, foodstuffs and beverages.
In addition to dry and refrigerated containers, the National Glory – a converted tweendecker – is configured to accommodate a wide range of oversize, out-of-gauge and project cargo.
Cyalume Technologies Holdings, Inc. (OTCBB: CYLU) (“the Company” or “Cyalume”) today announced that it has appointed Michael J. Pellicci as the Company’s Chief Financial Officer, effective immediately. Mr. Pellicci will succeed Michael Bielonko, who will assume the responsibilities of Vice President of Finance.
Mr. Pellicci, 49, has extensive management experience with small- and medium-sized companies. Most recently he held the positions of President, Chief Executive Officer and Chairman of Tropical Shipping and Construction Company Limited (“Tropical”), a containerized shipping company that was a subsidiary of Nicor and then AGL Resources (through the merger of Nicor and AGL Resources in December 2011). He joined Tropical in March 2006 as its Chief Financial Officer. Prior to Tropical, he was Senior Vice President – Finance and Planning, Treasurer & Chief Accounting Officer at Seabulk International, Inc., a shipping company operating in the tanker, towing and offshore segments. Seabulk was acquired by SEACOR Holdings Inc. in July 2005, and Mr. Pellicci remained with that company through January 2006 as Vice President – Finance. Previously, he held several financial positions including Director of Corporate Finance and Corporate Controller at Caraustar Industries, Inc., a manufacturer of recycled paperboard and converted products. Mr. Pellicci is a Certified Public Accountant. He holds a B.S. in Business Administration from The Citadel and an M.B.A. from Georgia State University.
Cyalume’s President & CEO, Zivi Nedivi noted, “I am very pleased to welcome Mike Pellicci to our team. I believe that his wealth of financial experience coupled with his impressive roster of leadership positions in a variety of industries will greatly benefit Cyalume. Mike Bielonko has played an important role in Cyalume’s growth and evolution for the last several years, and I am happy that he has agreed to remain an active member of our management team."
Mr. Pellicci noted, “I look forward to becoming an integral part of Cyalume’s management team and continuing to grow the business through internal development and M&A activity. I am confident that this management team can execute upon the vision and plan Zivi has strategically laid out.”
About Cyalume Technologies Holdings, Inc.
Cyalume designs and manufactures non-pyrotechnic tactical products and training solutions for the world's militaries and law enforcement agencies, as well as for certain safety markets. Cyalume is the exclusive supplier to the U.S. and NATO-country militaries for all of their chemical light needs and operates manufacturing facilities in the U.S. and France. Through its subsidiary Cyalume Specialty Products, Cyalume also manufactures specialty chemical components for various markets.