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Riggs praised the relationship Pfeiffer
has built with shipper MOL (America) Inc.,
one of the world’s leading Roll-On/Roll-Off
(RO/RO) carriers. Currently, Pfeiffer sends
cars on two vessels a month from the Port
of Baltimore. AES anticipates growth beyond
West Africa, too, thanks to a demand for
cars in the cash-and-carry markets of the
Middle East and Central America.
Last year, MOL (America) invited Pfeiffer
and his wife to fly to Japan to christen one
of its new ships. “Ron makes us feel like we
are a part of the MOL family,” Riggs said.
Pfeiffer added, “We have strong ties to
MOL; they’re the guys that provide the steel
to let us do our jobs.”
Jack Cooper’s path to this latest
acquisition began when the grandson of
the company’s founder approached Riggs.
Riggs owned a company called Active
Transportation, but Active was smaller
than Jack Cooper. “It was like the minnow
swallowing the whale,” Riggs said.
Jack Cooper faced challenges in the
recent recession, as the number of new
automobiles being produced dropped almost
in half, and fewer cars were being moved.
“Auto production in North America
should hit 12 million in 2011, but we’re not
yet back anywhere near to normal levels
— closer to 17 million per year,” Riggs
explained.
The company has 41 terminals in Canada
and the United States. The carrier operations
are headquartered out of Kansas City, while
Jack Cooper Logistics is based in Atlanta.
It was a move originally prompted by the
desire of Riggs’ wife to be close to their
first grandchild, but the ease of travel and
strategic location have proven to be a good
fit for the logistics business, the newest
arm of Jack Cooper Holdings.
It may not hold the attraction of a grand-
child, but Riggs expects Baltimore to be a
key part of the new business strategy.
“I expect some pretty good growth for
Baltimore,” Riggs said. “We think Baltimore
is going to be well positioned for vehicles.
We don’t want to be in a business just to be
in it. We want to be the best.”
Jack Cooper/AES At A Glance
Â
Jack Cooper Transport has 2,000 employees nationwide and moves
2.4 million cars in North America.
Â
Jack Cooper Transport has 60 trucks and 80 employees in Baltimore,
moving 86,000 units from the Baltimore area.
Â
AES has 18 employees.
Â
In 2010, AES shipped 6,000 vehicles from the Port of Baltimore;
this year’s total should be between 7,500 and 8,000.
|
Footner
and Company, Inc.
International Forwarding Agent
Customs Broker
IATA Air Cargo Agent
Project Forwarding Specialists
Member of GFG Network
FMC–OTI Lic.No.0010 /F
CB Lic No 9767
IATA NO 12252
Our network operates in
50 countries with offices
in nearly 200 cities
throughout the world.
ESTABLISHED 1950
IN BALTIMORE...
P.O. Box 9973
6610-B Tributary Street, Suite 300
Baltimore, Maryland 21224-0973
U.S.A.
Phone (410) 631-7711
Fax (410) 631-7725
E-mail:
Website:
Roberto I. Gutierrez
President/Owner
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