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NY/NJ auto terminal gets capital injection, new lease

FAPS, Inc., the leading terminal for import and export of automobiles in the Port of New York and New Jersey, said on Friday it had completed a recapitalization with investment firm Seacoast Capital.

Chris Dupin

Chris Dupin has written about trade and transportation and other business subjects for a variety of publications before joining American Shipper and Freightwaves.