[steve86]

is a shipping company and terminal operator

Your own words...terminal operator

[Alberta's Child]

Go and visit any of the ports listed in Gaffney's article and find out what the phrase "terminal operator" means. Each port contains a number of different terminals, and none of them "run" anything other than their own docks and warehouses.

The notion that this new company is going to "run" the ports in New York and New Jersey must be a huge surprise to the other companies there, since P&O Nedlloyd is considered a relatively small player there. APM/Maersk and Maher are the two largest terminals, and P&O Nedlloyd doesn't even have access to the on-dock rail yard that has been one of the key factors in the port's growth over the last ten years.