The U.S. Transportation Command has exercised a contract option for 10 companies to continue providing ocean and intermodal distribution services to the country's military personnel around the world.
The option period is scheduled to begin on Dec. 1 and will continue through Aug. 31 next year, the Department of Defense said Tuesday.
Eleven firms hold spots on the potential $739M indefinite-delivery/indefinite-quantity contract for international shipping services .
The modification awardees and details are provided below:
American President Lines – $142.7M American Roll-On Roll-Off Carrier – $85.4M Farrell Lines – $63M Hapag-Lloyd USA – $56.9M Liberty Global Logistics – $69.5M Matson Navigation – $72.4M Maersk Line – $173M Schuyler Line Navigation – $12.4M TOTE Maritime’s Alaska and Puerto Rico businesses – $19.8M and $14.2M, respectively Waterman Transport – $34.6M The merger implies a $638 million pro forma equity value and $370 million enterprise value for Space-Eyes The combined company…
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