J & J Denholm was founded in 1866 by the family of chairman John Denholm. Water is a big ingredient in the success of J & J Denholm. The company operates in a variety of marine industries through its four divisions. Denholm Shipping operates a fleet of ocean freighters and provides management and consulting services to other ship operators, while its industrial services division includes several operating units that supply painting, scaffolding, and decontamination services to the marine, oil, and gas industries. Other operations include Denholm Logistics (supply chain management) and Denholm Seafoods (fishing and fish processing).

Rand Logistics, Inc. is a leading provider of bulk freight shipping services throughout the Great Lakes region. Through its subsidiaries, Rand Logistics, Inc. operates a fleet of ten self-unloading bulk carriers, including eight River Class vessels and one River Class integrated tug/barge unit, and three conventional bulk carriers, of which one is operated under a contract of affreightment. Rand Logistics, Inc. is the only carrier able to offer significant domestic port-to-port services in both Canada and the U.S. on the Great Lakes. Rand Logistics, Inc. Company’s vessels operate under the U.S. Jones Act – which dictates that only ships that are built, crewed and owned by U.S. citizens can operate between U.S. ports – and the Canada Marine Act – which requires Canadian commissioned ships to operate between Canadian ports. Headquartered in New York, NY, Rand Logistics was formed in 2006 through the acquisition of the outstanding shares of capital stock of Lower Lakes Towing Ltd. Common shares of Rand Logistics trade on the NASDAQ Capital Market under the symbol RLOG.

Polskie Koleje Panstwowe (PKP) keeps chugging along in Poland. One of the largest railways in Europe, it operates passenger rail services, such as PKP Polskie Linie Kolejowe, PKP Intercity and PKP Regional, as well as freight transport (PKP Cargo). Polskie Koleje Panstwowe S.A. also manages some 2,500 train stations in Poland. PKP has various other entities involved in real estate, tourism, energy, telecommunications, and IT services. PKP was formed in 2001, when the state-owned Polish Railway Lines was restructured due to new European Union guidelines.

BW Gas was taken private by the family of CEO Andreas Sohmen-Pao and delisted from the Oslo Stock Exchange in 2009. BW Gas is a leading marine transporter of liquefied natural gas (LNG) with a fleet of about 65 vessels with a deadweight ton (DWT) total of 3.3 million. The company has been busy renewing its fleet by scrapping and selling older vessels. BW Gas plans to concentrate on building its very large gas carriers (VLGCs) fleet. BW Gas is part of BW Group Ltd. (formerly Bergesen d.y. ASA), which also includes BW Offshore, BW Maritime, and BW Fleet Management. Hong Kong-based World-Wide Shipping Group bought Bergesen d.y. ASA in 2003.

JR East's "shinkansen" (bullet-train) lines connect metropolitan Tokyo with other major cities. Besides its transportation-related operations, JR East gets revenue from leasing restaurant and retail space in its stations and from managing shopping centers and office buildings on property that has been developed near its stations. If you want to ride the rails into Tokyo, you could find yourself cruising at 168 mph aboard a bullet train operated by East Japan Railway, known as JR East. East Japan Railway company carries passengers on more than 7,525 km (4,665 miles) of track in the eastern half of the Japanese mainland, including the Tokyo area.

Covenant Transportation Group promises its customers speedy service on long-haul and regional routes. The company operates a fleet of about 3,100 tractors and 8,000 trailers, including both dry vans and temperature-controlled units (through its Southern Refrigerated Transport subsidiary). In addition to for-hire transportation, Covenant offers dedicated contract carriage, in which drivers and equipment are assigned long-term to a customer or route, and freight brokerage services. Averaging about 800 miles per length of haul, the company gets business from manufacturers, retailers, and other transportation companies; among its top customers are Georgia-Pacific, Wal-Mart, and UPS.

Kintetsu World Express (U.S.A.) is a unit of Japan-based Kintetsu World Express, which launched its US operations in 1969. Kintetsu World Express (U.S.A.) helps move freight in and out of the US -- and the rest of the world. Kintetsu World Express (U.S.A.), Inc. specializes in international airfreight and ocean freight forwarding and customs brokerage services. (As a freight forwarder, Kintetsu World Express (U.S.A.) buys transportation capacity from carriers and resells it to customers.) Other services include consulting, inventory management, and warehousing and distribution as well as handling perishable or dangerous cargo. Kintetsu World Express (U.S.A.), Inc. operates from a network of about 35 offices in major trade gateways throughout the US.

AirTran Holdings, Inc., through its subsidiary, AirTran Airways, Inc., provides scheduled airline services in the United States. It operates scheduled airline service primarily in short-haul markets in the eastern United States, with flights originating and terminating at its hub in Atlanta, Georgia. As of February 1, 2010, the company operated 86 Boeing B717-200 and 52 Boeing B737-700 aircraft offering approximately 700 scheduled flights per day to 63 locations in the United States. AirTran Holdings serves its customers through the Internet, travel agencies, and its reservation call centers. AirTran Holdings was founded in 1992 and is headquartered in Orlando, Florida.

The seafaring side of energy giant BP is BP Shipping. BP Shipping Limited company operates a fleet of about 60 vessels to carry crude oil, refined products, and liquefied natural gas (LNG) worldwide. Bases of operation include the US, the UK, and the Asia/Pacific region, where it owns a facility for laying up ships. BP Shipping Limited company transports Alaskan crude through Alaska Tanker, its joint venture with OSG Ship Management (part of OSG America). In China, BP Shipping holds a 40% stake in China LNG Shipping, a ship management service for LNG carriers. BP Shipping Limited company also provides ship-vetting services to assess ships for their suitability to operate for BP, inspecting their capabilities in management, operations, crewing, and structure.

OceanFreight Inc., through its subsidiaries, provides shipping transportation services. The company specializes in transporting drybulk cargoes, which include iron ore, coal, grain, and other materials, as well as crude oil cargoes through the ownership and operation of drybulk carriers and tanker vessels. As of March 5, 2010, the company owned a fleet of 13 vessels comprising 9 drybulk carriers, including 3 Capesize and 6 Panamax; and 4 crude carrier tankers, including 1 Suezmax and 3 Aframaxes with a combined deadweight tonnage of approximately 1.4 million tons. OceanFreight Inc. was founded in 2006 and is based in Athens, Greece.

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