GOODWILL AND INTANGIBLE ASSETS (Tables)

12 Months Ended

Dec. 31, 2013

GOODWILL AND INTANGIBLE ASSETS

Schedule of changes in the goodwill

Changes in the Company’s goodwill for the years ended December 31, 2013 and 2012 consist of the following (in millions):

	Goodwill
			Ocean
	Logistics		Transportation		Total
Balance, December 31, 2011	$	27.0	$	—	$	27.0
Additions	—		—		—
Balance, December 31, 2012	27.0		—		27.0
Additions	—		0.4		0.4
Balance, December 31, 2013	$	27.0	$	0.4	$	27.4

Schedule of intangible assets

Intangible assets as of December 31, 2013 and 2012 include the following (in millions):

	As of December 31, 2013
	Gross		Accumulated			Net Book
	Cost		Amortization			Value
Customer lists	$	10.4	$	(6.8	)	$	3.6
Tradenames	3.9		(3.7		)	0.2
Total intangible assets	$	14.3	$	(10.5	)	$	3.8

	As of December 31, 2012
	Gross		Accumulated			Net Book
	Cost		Amortization			Value
Customer lists	$	9.7	$	(6.2	)	$	3.5
Tradenames	3.8		(3.4		)	0.4
Total intangible assets	$	13.5	$	(9.6	)	$	3.9

Schedule of estimated amortization expenses related to intangible assets

Estimated amortization expenses related to intangible assets over the next five years are as follows (in millions):

	Estimated
	Amortization
2014	$		0.8
2015	0.5
2016	0.5
2017	0.5
2018	0.4
Thereafter	1.1
Total	$	3.8