What Maher Terminals does

Maher Terminals LLC is one of the largest privately held multi-user container terminal operators in the world, operating a 450-acre facility at the Port of New York and New Jersey that accounts for approximately one-third of the port's container capacity. Founded in 1978 and owned by Macquarie Asset Management, the company provides marine terminal services — vessel stevedoring, crane operations, container yard management, demurrage and storage, gate operations, OOG and breakbulk handling, and reefer processing — to a roster of global ocean carriers (Evergreen, COSCO, CMA CGM, MSC, Hapag-Lloyd, OOCL, ONE, Yang Ming, Zim, Maersk, APL) and the broader shipping community. Its technology platform centers on operational systems for vessel dispatch, yard and gate management, and the Customer Service Package (CSP) web portal for demurrage, booking, and gate inquiries, supported by the world's largest straddle carrier fleet, on-dock rail via subsidiary Millennium Marine Rail, and an empty depot partnership with Columbia Container Services.

The company generates revenue primarily through its published Marine Terminal Schedule (Tariff No. 010599), charging per-move and per-time-based fees for stevedoring, crane lifts, yard operations, storage, and demurrage, with OOG and crane lift services requiring pre-payment. Business is acquired and retained through long-term enterprise relationships with ocean carriers (some spanning 40-50+ years), industry events (TPM Conference, carrier conventions), and recognized service excellence (multiple consecutive customer awards). A 33-year lease extension through 2063 with the Port Authority of NY-NJ provides long-duration operational stability, and the terminal is currently being prepared for sale at an expected valuation exceeding $3 billion. Recent capital actions include a fleet renewal order for 30 Kalmar hybrid straddle carriers (Q4 2026 delivery) supporting sustainability and safety objectives tied to the port's 2050 net-zero goal.

Name

Maher Terminals

Legal name

Maher Terminals LLC

Website

https://maherterminals.com

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

251–500 employees

Short description

Maher Terminals LLC operates a 450-acre multi-user container terminal at the Port of New York and New Jersey, handling approximately one-third of the port's container capacity for global ocean carriers, trucking companies, and freight forwarders under a 33-year lease through 2063.

Ownership category

akta.pro rank

Product category

Port Terminal Services

NAICS

Marine Cargo Handling (488320), Port and Harbor Operations (488310), Port and Harbor Operations (48831)

SIC

Water Transportation (4400)

akta.pro primary industry

Container Terminal Operating Services & Management (Terminal Operator / Concessionaire) (TLAHAAAI)

akta.pro secondary industries

Deep-Sea Container Terminals (Mainline / Transshipment Hubs) (TLAHAAAA), Stevedoring & Vessel Loading/Discharging (Ship-to-Shore Operations) (TLAHALAA), Terminal Cargo Handling & Yard Operations (Receiving, Staging, Delivery) (TLAHALAB)

Keywords

• Container terminal operations
• Marine stevedoring services
• Intermodal rail logistics
• Demurrage and storage billing
• Port gate operations

Headquarters

HQ city

Elizabeth

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Marine Terminal Services Tariff: Maher Terminals generates revenue through a published Marine Terminal Schedule (Tariff) covering all cargo handling services including vessel stevedoring, crane lifts, container yard operations, storage (demurrage), and gate services. Fees are charged per container move or per time-based usage (demurrage, storage). The tariff is publicly available and updated periodically (e.g., effective dates May 1, 2026; October 1, 2025). The terminal also publishes a Schedule of Charges and handles demurrage collections on behalf of certain carriers.
2. Equipment Procurement and Fleet Management: Maher procures and deploys major terminal equipment (e.g., hybrid straddle carriers) as part of its capital expenditure program, renews its fleet to meet sustainability and safety targets, and amortizes these investments as part of terminal operations costs.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels5 records

Core offering

Maher Terminals operates a multi-user marine container terminal at the Port of New York and New Jersey, providing vessel stevedoring, loaded and empty container handling, container storage, gate operations, and on-dock intermodal rail service through its affiliated Millennium Marine Rail facility. Services are offered to ocean carriers, shippers, motor carriers, and freight forwarders under a published tariff of charges that includes demurrage, free time, congestion/OOG fees, and crane lift unit pricing.

Product overview

Maher Terminals operates North America's largest privately held multi-user marine container terminal at the Port of New York and New Jersey. Its core offering is integrated container terminal operations and stevedoring, supported by the Customer Service Package (CSP) web portal for demurrage and gate management, Millennium Marine Rail for on-dock intermodal rail, an empty depot partnership with Columbia Container Services, and specialized OOG/crane lift handling. Environmental and safety programs (sustainability report, artificial reef, safety committee) form supplementary governance offerings. Tariff scheduling is published as Marine Terminal Schedule No. 010599. The terminal has a 33-year lease through 2063 with the Port Authority of NY-NJ and is being prepared for sale as of 2026.

Differentiator

Problem solved

Functional benefit

Products and services

• Marine Container Terminal Operations (Vessel, Yard, and Gate) Core multi-user marine container terminal service at the Port of New York and New Jersey providing vessel stevedoring, loaded and empty container handling, container storage, gate, and gate-appointment operations for ocean carriers, shippers, motor carriers, and freight forwarders, priced under Maher's published schedule of charges.
• Millennium Marine Rail On-Dock Intermodal Rail Service On-dock intermodal rail facility providing direct rail connectivity between Maher's marine terminal and inland destinations, reducing landside drayage costs for ocean carriers and BCOs.
• Maher Empty Depot (empty container handling and storage) Empty container storage and handling service operated by Columbia Container Services at Maher's facility in Elizabeth, New Jersey, providing empty depot and M&R services.
• OOG Cargo Handling and Crane Lifts Specialized handling for out-of-gauge cargo and break-bulk units, billed at published per-unit crane lift rates for ocean carriers and shippers moving non-standard containers and project cargoes.
• Customer Service Package (CSP) Portal Online self-service customer portal providing vessel, gate, gate appointment, Unit Tracker, and invoice information to ocean carriers, shippers, and motor carriers using Maher Terminals.
• Maher Schedule of Charges / Tariff Pricing Published tariff of charges governing terminal, gate, storage, demurrage, congestion, OOG, and other service fees that customers are billed for using Maher's terminal.

Quantifiable outcome

• ~28.4% reduction in Scope 1 and 2 GHG emissions from 2006 baseline as of 2024, on path to Net Zero by 2040 (10 years ahead of Paris Accord)
• +5 more outcomes

Named customers14 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Five partnerships are on record, tiered major, core and minor.

• KalmarmajorTechnology or Integration · 1 February 2026Kalmar (part of Cargotec) secured a major order for 30 hybrid straddle carriers from Maher Terminals to be deployed at the port in New Jersey, with delivery scheduled in Q4 2026. The order supports Maher's fleet renewal and sustainability goals, including safety enhancements through the Kalmar Collision Warning System.
• Port Authority of New York and New JerseycoreStrategic or Co-development Partner · 1 December 2025The Port Authority of NY-NJ extended its lease with Maher Terminals for 33 years (through 2063), ensuring long-term operational stability. The agreement includes commitments to infrastructure upgrades and environmentally friendly technologies, aligned with the port's 2050 net-zero goal. The Port Authority approved a $45 billion capital plan including developments affecting the port.
• Bridges to ProsperityminorStrategic or Co-development PartnerMaher Terminals partnered with the NGO Bridges to Prosperity to donate used crane cables to construct walking bridges in developing countries, helping local communities move around and better satisfy basic needs.
• Millennium Marine RailcoreStrategic or Co-development PartnerMillennium Marine Rail is Maher Terminals' on-dock rail facility located at 2380 Tripoli Street & Formosa Street, Elizabeth, NJ. It is strategically located to ensure swift container transfers between vessel and rail, providing intermodal connectivity as part of Maher's terminal operations.
• Columbia Container ServicesmajorStrategic or Co-development PartnerColumbia Container Services operates Maher Empty Depot located at 1100 Polaris St., Elizabeth, NJ. The depot handles empty container dispatch and returns, with operating hours of 6am-6pm. Maher Terminals and its empty depot operated by Columbia close for truck line activity on Juneteenth holidays.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• APM Terminals (APMT): Global container terminal operator and Maersk subsidiary that operates APMT Port Elizabeth directly adjacent to Maher at the Port of NY-NJ. They compete head-to-head for the same ocean carrier customers at the same port, with overlapping service offerings (vessel stevedoring, container yard, gate operations, rail connectivity).
• Port Newark Container Terminal (PNCT): The other major container terminal at the Port of NY-NJ, operated as a joint venture involving ports America. PNCT competes directly with Maher for ocean carrier volumes and shares the same hinterland, infrastructure type, and customer base. A direct comparable for throughput, capacity, and service mix.
• Global Container Terminals (GCT): Independent container terminal operator with facilities at GCT Bayonne (Port of NY-NJ) and GCT Vanterm/Vancouver (Canada). GCT Bayonne is a same-port competitor; the broader GCT portfolio makes it a comparable independent US container terminal peer for valuation and operational benchmarking.
• Ports America: The largest US marine terminal operator, with multi-terminal East Coast and Gulf presence including a stake in PNCT. Comparable business model—multi-user container terminal operator with carrier relationships, on-dock rail, and stevedoring services. Closest independent US peer by scale and customer mix.
• SSA Marine (Carrix): One of the largest independent marine terminal operators in North America, operating container, bulk, and breakbulk terminals across the US. Independent multi-user terminal model with similar ocean carrier customer base; relevant comparable for both operational profile and PE ownership perspective (Carrix is PE-backed).

Broad incumbents

• DP World: One of the world's largest port operators with terminals across six continents. Reported as a potential buyer of Maher Terminals; competitive overlap as a global multi-user container terminal operator serving the same ocean carrier customer base.

Others

• PSA International: Singapore-headquartered global container terminal operator with mega-hub operations in Singapore, Antwerp, and other locations. Reported as a potential acquirer of Maher Terminals; relevant as both a strategic acquirer peer and as a comparable for global terminal operating capability and scale.

Regional players

• Virginia International Terminals (VIT): Operator of the Port of Virginia's container terminals (Newport News, Norfolk). Comparable US East Coast container terminal operator with deep-water, on-dock rail, and ocean carrier services. A regional competitor for trans-Atlantic and East Coast container volumes.
• South Carolina Ports Authority: Public port authority operating container terminals at the Port of Charleston (Wando Welch, North Charleston, Leatherman). Competes with Maher for US East Coast / Southeast transshipment and import container volumes, with similar vessel and rail intermodal infrastructure.
• Georgia Ports Authority (Garden City Terminal): Operator of the Port of Savannah's Garden City Terminal—the largest single-terminal container facility in North America. Regional competitor for US East Coast container volumes, with on-dock rail and direct ocean carrier services comparable to Maher's offering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Maher Terminals