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Adam Edward Cornelius
Adam E. Cornelius (1882–1953) was one of the co-founders of the American Steamship Company and Boland and Cornelius Company. Biography At age 20, Cornelius went to work for a small shipbroking and shipping chartering business owned by John J. Boland in Buffalo, New York. Cornelius' position was an entry-level job, earning just $6 a week, but, by 1904, he had proven his worth and Boland invited him to enter into a partnership with his firm. In 1907, Boland and Cornelius launched a company which they named the American Steamship Company. 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 Cornelius came up with the idea of converting the company's fleet to self-unloaders. This strategy paid off. Cornelius' son, Adam E. Cornelius Jr. was involved with the American Steamship Company ... [...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, 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 Wireless telegraphy, 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 in the United States, Great Depression, but took advantage of the downturn to convert three of its bulk freight ... [...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. Boland ... [...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 Chart ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chartering (shipping)
Chartering is an activity within the Maritime transport, shipping industry whereby a ship-owner, 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 r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John J
John is a common English name and surname: * John (given name) * John (surname) John may also refer to: New Testament Works * Gospel of John, a title often shortened to John * First Epistle of John, often shortened to 1 John * Second Epistle of John, often shortened to 2 John * Third Epistle of John, often shortened to 3 John People * John the Baptist (died c. AD 30), regarded as a prophet and the forerunner of Jesus Christ * John the Apostle (lived c. AD 30), one of the twelve apostles of Jesus * John the Evangelist, assigned author of the Fourth Gospel, once identified with the Apostle * John of Patmos, also known as John the Divine or John the Revelator, the author of the Book of Revelation, once identified with the Apostle * John the Presbyter, a figure either identified with or distinguished from the Apostle, the Evangelist and John of Patmos Other people with the given name Religious figures * John, father of Andrew the Apostle and Saint Peter * Pope Joh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Buffalo, New York
Buffalo is the second-largest city in the U.S. state of New York (behind only New York City) and the seat of Erie County. It is at the eastern end of Lake Erie, at the head of the Niagara River, and is across the Canadian border from Southern Ontario. With a population of 278,349 according to the 2020 census, Buffalo is the 78th-largest city in the United States. The city and nearby Niagara Falls together make up the two-county Buffalo–Niagara Falls Metropolitan Statistical Area (MSA), which had an estimated population of 1.1 million in 2020, making it the 49th largest MSA in the United States. Buffalo is in Western New York, which is the largest population and economic center between Boston and Cleveland. Before the 17th century, the region was inhabited by nomadic Paleo-Indians who were succeeded by the Neutral, Erie, and Iroquois nations. In the early 17th century, the French began to explore the region. In the 18th century, Iroquois land surrounding Buffalo Creek ... [...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 purc ... [...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] |
Boatnerd
The boatnerd corporation, a registered not for profit corporation, circulates information about vessels that ply the North American Great Lakes. When Acheson Ventures provided space for a headquarters for the organization in their Maritime Center overlooking the St Clair River, they called boatnerd ''"the most widely-used website for Great Lakes maritime information."'' Reporters consider the boatnerd site reliable enough that they cite or quote it by name in their articles. The organization was profiled by ''The Globe and Mail'' in 2008. The organization holds annual festivals, at sites of interest to those interested in maritime commerce on the Great Lakes. ''The Globe and Mail'' profiled boatnerd when the 2008 festival was held in a shipyard in Port Colborne, Ontario, where the ''Calumet'', an 80-year-old lake freighter was being scrapped. According to ''The Globe and Mail'' the site gets over 20 million page views a month. According to ''The Globe and Mail'' the site's voluntee ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American Steamship Lines
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] |
1882 Births
Year 188 (CLXXXVIII) was a leap year starting on Monday of the Julian calendar. At the time, it was known in the Roman Empire as the Year of the Consulship of Fuscianus and Silanus (or, less frequently, year 941 ''Ab urbe condita''). The denomination 188 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Publius Helvius Pertinax becomes pro-consul of Africa from 188 to 189. Japan * Queen Himiko (or Shingi Waō) begins her reign in Japan (until 248). Births * April 4 – Caracalla (or Antoninus), Roman emperor (d. 217) * Lu Ji (or Gongji), Chinese official and politician (d. 219) * Sun Shao, Chinese general of the Eastern Wu state (d. 241) Deaths * March 17 – Julian, pope and patriarch of Alexandria * Fa Zhen (or Gaoqing), Chinese scholar (b. AD 100) * Lucius Antistius Burrus, Roman politician (executed) * Ma Xiang, Chi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
