Coil-Tainer's Awards

American Metal Market has named Coil-Tainer Limited as a Winner for the 2011 Awards for Steel Excellence

NEW YORK, New York, June 21, 2011 – Coil-Tainer Limited has been named the winner for Logistics/Transportation Provider of the Year in American Metal Market's 2011 Awards for Steel Excellence.

The awards recognize advancements rooted in pioneering and implementing business improvements that have delivered real change to the steel industry. "The award winning companies have shown tremendous creativity, inventiveness and are pioneers in creating the way to a better future for the steel industry," said Raju Daswani, president of American Metal Market. "AMM's Awards for Steel Excellence recognize the key contributions of companies and individuals who through acumen, management, innovation and plain hard work are reinventing the steel supply chain."

Coil-Tainer Limited. set out to devel¬op a solution to shipping large and heavy coils safely, reliably, efficiently and damage free. Its answer was a specially designed patented steel pallet that can safely handle coils up to 25 metric tons in a standard shipping container, eliminating expensive and environmentally unfriendly packaging, wood skids and wood blocking and bracing. Coil-Tainer also sought to raise the level of service it affords customers. The shipment of large and heavy coils had numerous challenges. Conventional shipping left coils exposed to excessive handling, damage and the elements, and customers faced unpre¬dictable sailing schedules, longer transit times and limited ports of call. Conventional container shipping incurs the difficulties of loading and unloading, and the instability of costly, environmen¬tally unfriendly skids, wood blocking and bracing, which is a questionable, unstable single-use solution. With these problems in mind, Coil-Tainer set out to design a more dependable and productive method. The Coil-Tainer system is the result of in¬put from all corners of the shipping industry—steamship lines, steel companies, stevedores, loading system specialists, pallet de¬signers and steel fabricators. Coil-Tainer began discussions with these parties in 1997, and then developed a prototype for testing. The system cuts loading times to 20 minutes with two work¬ers from more than 90 minutes with four workers. No shipping skids, blocking or bracing is required, which also reduces pack¬aging, damages and insurance claims.

"The range, quality and depth of the nominations submitted not only made the judging process that much more challenging but attest to the vitality, strength, and competitive prowess of the North American steel supply chain and the vendors who serve it", said David Brooks, senior vice president of American Metal Market and member of the judging panel.

Along with David Brooks, additional members of the judging panel were Thomas Graham, founding member of T.C. Graham Associates and a former chairman and chief executive officer of AK Steel Corp. and Washington Steel Co., president of the U.S. Steel Group of USX Corp. and president and chief executive officer of Armco Steel Co. LP, Jo Isenberg-O'Loughlin, editor, steel and ferrous scrap, American Metal Market, John E. Lichtenstein, managing director-global metals & APAC natural resource industries, Accenture and Nick Sowar, partner and global steel industry leader, Deloitte & Touche LLP.

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