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John J. Boland
John J. Boland (1875–1956) was one of the co-founders of the American Steamship Company and Boland and Cornelius Company. He was the son of a Great Lakes schooner captain. At age 20, Boland formed a small shipbroking and shipping chartering business. In 1902, he hired Adam E. Cornelius to do clerical work. In 1904, Boland invited Cornelius to enter into a partnership with his firm. In 1907, Boland and Cornelius launched a company which they named the American Steamship Company The American Steamship Company (ASC) is an American transportation company that operates a fleet of self-unloading vessels in the Great Lakes. The company is currently owned by Rand Logistics Inc. History The American Steamship Company was fo .... Their first vessel, the SS ''Yale'' was the first steel vessel owned by a Buffalo firm and earned large profits for the partners. Boland and Cornelius ran the American Steamship Company successfully until the Great Depression, at which point they ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Steamship Company
The American Steamship Company (ASC) is an American transportation company that operates a fleet of self-unloading vessels in the Great Lakes. The company is currently owned by Rand Logistics Inc. History The American Steamship Company was founded in 1907 in Buffalo, New York by partners John J. Boland and Adam E. Cornelius. Their first ship, the SS ''Yale'' was the first steel vessel owned by a Buffalo firm and earned large profits for the partners. Over the next five years, the company added six new vessels to their fleet. At the end of World War I, the American Steamship Company became the first Great Lakes steamship company to outfit all of its vessels with radio telegraph equipment. ASC acquired the Mitchell Steamship Company in 1922, thus adding another four vessels to its growing fleet. ASC was hard hit by the Great Depression, but took advantage of the downturn to convert three of its bulk freighters to self-unloading vessels, which would prove to be the way of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Boland And Cornelius Company
Boland and Cornelius Company was a shipping company founded in 1904 by Messrs Boland and Adam E. Cornelius in Buffalo, New York. Adam Edwards Cornelius came up with the idea of having self-unloading ships to save time and money. Adam Edwards Cornelius self-unloading ships changed the way ships were unloading. In 1907 Boland and Cornelius founded the American Steamship Company a subsidiary of Boland and Cornelius Company. American Steamship Company later became the current GATX Corporation. Boland and Cornelius Company flew a white and red flag with B&C in blue. In 1973, the Boland and Cornelius families sold Boland and Cornelius Company and American Steamship Company to the General American Transportation Corporation (GATX). GATX sold the shipping company to RAND Logistics Inc. in 2020. RAND Logistics Inc. was founded in 2006 and has purchased other shipping companies. Messrs Boland first shipping company was on the Great Lakes with his brothers. Messrs Boland, John J. Bolan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Lakes
The Great Lakes, also called the Great Lakes of North America, are a series of large interconnected freshwater lakes in the mid-east region of North America that connect to the Atlantic Ocean via the Saint Lawrence River. There are five lakes, which are Superior, Michigan, Huron, Erie, and Ontario and are in general on or near the Canada–United States border. Hydrologically, lakes Michigan and Huron are a single body joined at the Straits of Mackinac. The Great Lakes Waterway enables modern travel and shipping by water among the lakes. The Great Lakes are the largest group of freshwater lakes on Earth by total area and are second-largest by total volume, containing 21% of the world's surface fresh water by volume. The total surface is , and the total volume (measured at the low water datum) is , slightly less than the volume of Lake Baikal (, 22–23% of the world's surface fresh water). Because of their sea-like characteristics, such as rolling waves, sustained w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Schooner
A schooner () is a type of sailing vessel defined by its rig: fore-and-aft rigged on all of two or more masts and, in the case of a two-masted schooner, the foremast generally being shorter than the mainmast. A common variant, the topsail schooner also has a square topsail on the foremast, to which may be added a topgallant. Differing definitions leave uncertain whether the addition of a fore course would make such a vessel a brigantine. Many schooners are gaff-rigged, but other examples include Bermuda rig and the staysail schooner. The origins of schooner rigged vessels is obscure, but there is good evidence of them from the early 17th century in paintings by Dutch marine artists. The name "schooner" first appeared in eastern North America in the early 1700s. The name may be related to a Scots word meaning to skip over water, or to skip stones. The schooner rig was used in vessels with a wide range of purposes. On a fast hull, good ability to windward was useful for pri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shipbroking
Shipbroking is a financial service, which forms part of the global shipping industry. Shipbrokers are specialist intermediaries/negotiators (i.e. brokers) between shipowners and charterers who use ships to transport cargo, or between buyers and sellers of vessels. History In the 19th century, it was the work of ship-brokers to procure goods on freight or a charter for ships outward bound. They also went through the formalities of entering and clearing vessels at the customs-house. They collected the freight on vessels brought into port and took an active hand in the management of all business matters between ship-owners and merchants, whether shippers or consignees, for which they were paid a fee. In major British ports, ship-brokers were also usually insurance-brokers. Modern shipbroking Some brokerage firms have developed into large companies, incorporating departments specialising in shipping's various sectors, ''e.g.'' Dry Cargo Chartering, Tanker Chartering, Container C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chartering (shipping)
Chartering is an activity within the shipping industry whereby a shipowner hires out the use of their vessel to a charterer. The contract between the parties is called a charterparty (from the French ''"charte partie"'', or "parted document"). The three main types of charter are: demise charter, voyage charter, and time charter. The charterer In some cases a charterer may own cargo and employ a shipbroker to find a ship to deliver the cargo for a certain price, called freight rate. Freight rates may be on a per-ton basis over a certain route (e.g. for iron ore between Brazil and China), in Worldscale points (in case of oil tankers) or alternatively may be expressed in terms of a total sum - normally in U.S. dollars - per day for the agreed duration of the charter. A charterer may also be a party without a cargo who takes a vessel on charter for a specified period from the owner and then trades the ship to carry cargoes at a profit above the hire rate, or even makes a prof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Adam E
Adam; el, Ἀδάμ, Adám; la, Adam is the name given in Genesis 1-5 to the first human. Beyond its use as the name of the first man, ''adam'' is also used in the Bible as a pronoun, individually as "a human" and in a collective sense as "mankind". tells of God's creation of the world and its creatures, including ''adam'', meaning humankind; in God forms "Adam", this time meaning a single male human, out of "the dust of the ground", places him in the Garden of Eden, and forms a woman, Eve, as his helpmate; in Adam and Eve eat the fruit of the tree of knowledge and God condemns Adam to labour on the earth for his food and to return to it on his death; deals with the birth of Adam's sons, and lists his descendants from Seth to Noah. The Genesis creation myth was adopted by both Christianity and Islam, and the name of Adam accordingly appears in the Christian scriptures and in the Quran. He also features in subsequent folkloric and mystical elaborations in later Judaism, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SS Yale (1906)
SS ''Yale'', a 3,731 gross ton coastal passenger steamship, was built by the Delaware River Iron Shipbuilding and Engine Works in 1906, for service between New York and Boston. In March 1918 the U.S. Navy acquired her from the Pacific Steamship Company of Seattle, Washington, placing her in commission later in that month as USS ''Yale'' (ID-1672). USS ''Yale'' served between March 1918 and September 1919. During World War I, the ship made 31 round-trip voyages transporting troops between Britain and France. ''Yale'' was decommissioned in early September 1919 and, in June 1920, together with her sister ship sold for commercial operation along the Pacific Coast between San Francisco and Los Angeles. The Los Angeles Steamship Company spent $8,000,000 to turn the troop ships into high-speed luxury liners, able to make the one way trip in 18 hours. World War II After 15 years of fast passenger service along the West Coast, ''Yale'' was laid up in 1935; in 1940 the nationa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression In The United States
In the United States, the Great Depression began with the Wall Street Crash of October 1929 and then spread worldwide. The nadir came in 1931–1933, and recovery came in 1940. The stock market crash marked the beginning of a decade of high unemployment, poverty, low profits, deflation, plunging farm incomes, and lost opportunities for economic growth as well as for personal advancement. Altogether, there was a general loss of confidence in the economic future. The usual explanations include numerous factors, especially high consumer debt, ill-regulated markets that permitted overoptimistic loans by banks and investors, and the lack of high-growth new industries. These all interacted to create a downward economic spiral of reduced spending, falling confidence and lowered production. Industries that suffered the most included construction, shipping, mining, logging, and agriculture. Also hard hit was the manufacturing of durable goods like automobiles and appliances, whose p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1875 Births
Events January–March * January 1 – The Midland Railway of England abolishes the Second Class passenger category, leaving First Class and Third Class. Other British railway companies follow Midland's lead during the rest of the year (Third Class is renamed Second Class in 1956). * January 5 – The Palais Garnier, one of the most famous opera houses in the world, is inaugurated in Paris. * January 12 – Guangxu Emperor, Guangxu becomes the 11th Qing Dynasty Emperor of China at the age of 3, in succession to his cousin. * January 14 – The newly proclaimed King Alfonso XII of Spain (Queen Isabella II's son) arrives in Spain to restore the monarchy during the Third Carlist War. * February 3 – Third Carlist War – Battle of Lácar: Carlist commander Torcuato Mendiri, Torcuato Mendíri secures a brilliant victory, when he surprises and routs a Government force under General Enrique Bargés at Lácar, east of Estella, nearly capturing newly cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1956 Deaths
Events January * January 1 – The Anglo-Egyptian Condominium ends in Sudan. * January 8 – Operation Auca: Five U.S. evangelical Christian missionaries, Nate Saint, Roger Youderian, Ed McCully, Jim Elliot and Pete Fleming, are killed for trespassing by the Huaorani people of Ecuador, shortly after making contact with them. * January 16 – Egyptian leader Gamal Abdel Nasser vows to reconquer Palestine. * January 25– 26 – Finnish troops reoccupy Porkkala, after Soviet troops vacate its military base. Civilians can return February 4. * January 26 – The 1956 Winter Olympics open in Cortina d'Ampezzo, Italy. February * February 11 – British spies Guy Burgess and Donald Maclean resurface in the Soviet Union, after being missing for 5 years. * February 14– 25 – The 20th Congress of the Communist Party of the Soviet Union is held in Moscow. * February 16 – The 1956 World Figure Skating Championships open in Garmisch, West Germany. * February 22 – Elvis P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
