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GOODWILL AND INTANGIBLE ASSETS (Tables)
12 Months Ended
Dec. 31, 2015
GOODWILL AND INTANGIBLE ASSETS  
Schedule of goodwill

 

 

Goodwill

 

 

 

Ocean

 

 

 

 

 

 

 

Transportation

 

Logistics

 

Total

 

Balance at December 31, 2013

 

$

0.8 

 

$

26.6 

 

$

27.4 

 

Additions

 

 

 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2014

 

0.8 

 

26.6 

 

27.4 

 

Additions

 

214.2 

 

 

214.2 

 

 

 

 

 

 

 

 

 

Balance at December 31, 2015

 

$

215.0 

 

$

26.6 

 

$

241.6 

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of intangible assets

 

 

 

Intangible Assets

 

 

 

Ocean

 

 

 

 

 

 

 

Transportation

 

Logistics

 

Total

 

Gross Amount at December 31, 2014

 

$

0.6

 

$

9.8

 

$

10.4

 

Additions

 

140.0

 

1.0

 

141.0

 

 

 

 

 

 

 

 

 

Gross Amount at December 31, 2015

 

140.6

 

12.0

 

151.4

 

Accumulated Amortization

 

(4.2

)

(8.1

)

(12.3

)

 

 

 

 

 

 

 

 

Net Amount at December 31, 2015

 

$

136.4

 

$

2.7

 

$

139.1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Intangible Assets

 

 

 

Ocean

 

 

 

 

 

 

 

Transportation

 

Logistics

 

Total

 

Gross Amount at December 31, 2013

 

$

0.6

 

$

9.8

 

$

10.4

 

Additions

 

 

 

 

 

 

 

 

 

 

 

 

Gross Amount at December 31, 2014

 

0.6

 

9.8

 

10.4

 

Accumulated Amortization

 

(0.3

)

(7.6

)

(7.9

)

 

 

 

 

 

 

 

 

Net Amount at December 31, 2014

 

$

0.3

 

$

2.2

 

$

2.5

 

 

 

 

 

 

 

 

 

 

 

 

 

Schedule of estimated amortization expenses related to intangible assets

 

 

 

 

Estimated

 

 

 

Amortization

 

Year

 

Expense

 

2016

 

$

7.4 

 

2017

 

7.4 

 

2018

 

7.2 

 

2019

 

7.0 

 

2020

 

7.0 

 

Thereafter

 

103.1 

 

 

 

 

 

Total

 

$

139.1