Feb. 17, 2005

Marine Terminals Corp. (MTC), leading West Coast contract stevedore and terminal operating company, announced Arthur J. Reimers has assumed the position of MTC vice president and chief people officer.

Reimers has more than 30 years of experience as a human resources executive with companies such as Bank of America and American President Lines. Additionally, he served as vice president of technical training for American Airlines and founded three human resources software companies.

Based in MTC's Oakland corporate office, Reimers is responsible for the overall strategy and execution of all human resource activities and reports to directly to MTCH President/CEO Douglas Tilden.

Tilden cited Reimers' experience developing IT-based systems for streamlining HR processes as an important asset in this critical position and an indication of the continuing importance placed on MTC's success of its "People, Process and Technology" core competencies.

"Art is well positioned to understand the unique dynamics of our business," Tilden said. "Every interaction that takes place every day between the people of MTC Holdings' companies and our customers, directly or indirectly, is what shapes the customers' perception of the organization and ensures our continued success. Art will ensure we have the best people at all times."

Oakland-headquartered Marine Terminals Corp. has served the U.S. West Coast shipping community since 1931 and the U.S. East Coast since 2001. Combined, MTC has stevedoring and terminal operations in more than 26 West Coast locations and five East Coast ports.

MTC provides a comprehensive network of stevedoring, terminal operations and related cargo-handling services for all major cargoes, including containers, automobiles, refrigerated commodities, steel, forest products, general cargo, bulk, rolling stock, yachts, heavy lifts, military and special projects. MTC's diversified services to the transportation industry are enhanced and expanded through their many affiliates that specialize in insurance, warehousing, equipment, M&R, and software development. For additional information, visit their Web site: www.mtcorp.com.

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