Trac Intermodal (formerly Seacastle Chassis) (IPX), 750 College Road East, Princeton 08540; 609-452-8900; fax, 609-452-8211. Steve Rubin, COO. www.tracintermodal.com.
TRAC Intermodal, a transportation company, has, as expected, signed a lease to consolidate its headquarters in one building at the Forrestal Center at 750 College Road East, vacating its space at 2 Independence Way and 211 College Road East. It is scheduled to move in two months.
The company announced last summer that it had taken a $9.8 million economic incentive package from the state’s Grow New Jersey Assistance Program to remain in state instead of moving to Pennsylvania. The benefits will arrive in the form of tax credits over the next 10 years as long as the company continues to hire more employees. TRAC has more than 500 employees overall, many of them at its headquarters.
The new space is 82,000 square feet, which is 13,000 square feet more than its other two locations combined. A company spokesman told U.S. 1 last summer that it had been growing at a rate of 20 percent a year since 2013 (U.S. 1, August 20, 2014.)
The Independent Traveler, 200 Princeton South Corporate Center, Suite 330, Ewing 08628; 609-583-0000; www.independenttraveler.com.
Kathleen Tucker has retired as president and founder of the Independent Traveler, Inc., publisher of online travel resources, including the popular cruise site, Cruise Critic. The company is searching for a successor. A spokesperson for The Independent Traveler said Tucker declined to be interviewed.
The Independent Traveler publishes three travel sites, the best known being Cruise Critic, the leading cruise review site and largest online cruise community, which attracts more than 5 million unique visitors per month. The company, which also publishes the IndependentTraveler.com and Family Vacation Critic, was acquired as a subsidiary of TripAdvisor Inc. in 2007.
“Kathleen is a true pioneer with 25 successful years in online publishing,” said Steve Kaufer, president and CEO of TripAdvisor, in a prepared statement. “Beyond her achievements in building strong travel brands and a great company, her work has helped to improve travel and vacations for millions of people. We’re very grateful to Kathleen for her contributions over the years.”
Tucker founded the company in 1990 and launched the Independent Traveler, the first travel forum on AOL, as a place for travelers from all over the world to share travel experiences and advice. Cruise travelers embraced the online travel forum, leading to the creation of Cruise Critic in 1995 — the world’s first consumer cruise site. Cruise Critic has expanded beyond North America to launch sites in the United Kingdom and Australia. In 2009, the launch of Family Vacation Critic, which offers travel advice and inspiration for parents, added a third site to the company’s portfolio.
“After 25 years at the helm, the company is well positioned for its next phase of growth and it’s a good time to transition to new leadership,” Tucker said in a press release. “I’m very grateful to all of our members, clients, partners and especially employees who helped to make our sites and our company a success.”
VaxInnate, 3 Cedar Brook Drive, Cedar Brook Corporate Center, Suite 1, Cranbury 08512; 609-860-2260; Wayne Pisano, president and CEO. www.vaxinnate.com.
VaxInnate Corporation, a vaccine technology research company, has boosted two of its executives to higher management positions and hired two more.
Lynda Tussey has been promoted to chief scientific officer from vice president of research and development, while Bruce Weaver has been promoted to vice president of manufacturing. Peter Fusco was hired as vice president of research and development, and Stephen Haworth assumes the role of vice president of clinical.
VaxInnate also said in a press release that it has reprioritized resources in research and clinical development to help advance the company’s preclinical initiatives outside of its lead influenza programs, including vaccines against dengue and Clostridium difficile, known as C-diff. The company also said it will increase attention to the identification of new infectious disease targets to further enrich its pipeline. In 2015 VaxInnate also expects to advance VAX2012Q, its lead experimental seasonal influenza vaccine, through Phase 1b into a Phase 2 trial in healthy adults, and commence a Phase 1 study for a pandemic vaccine.
Fusco joined VaxInnate with more than 30 years of experience in vaccinology. During his career, he has played a major role in the development and testing of a wide range of human vaccines. Fusco received his undergraduate training in bacteriology at Rutgers College and his PhD in biophysics and microbiology at the University of Pittsburgh.
Haworth has more than 25 years of global drug development experience, most recently as chief medical officer of Elusys Therapeutics Inc. He previously worked for AstraZeneca. Haworth’s undergraduate degree from the University of London was followed by a bachelor of medicine, bachelor of surgery (the equivalent of an MD) from the same university.
Prior to his tenure at VaxInnate, Weaver held positions at Laureate Pharma and Unigene Laboratories. Weaver received his undergraduate degree in chemical engineering from Bucknell and holds master’s degrees from Tufts and Rutgers.
Senior Care Management, 261 Upper Ferry Road, Ewing 08628; 609-882-0322; fax, 609-882-9400. Barbara Bristow LCSW. www.seniorcaremgt.com.
Senior Care Management, a company that provides in-home services to elderly people, has been purchased by Springpoint at Home, a division of Springpoint Senior Living, a Wall Township-based company.
“Being part of Springpoint will provide the training and resources to assure that our service and care are consistent with the most up-to-date standards,” Senior Care Management said in a statement published on its website.
Senior Care Management was founded by Barbara Bristow and Jan McCurdy in 1990. Spingpoint, founded in 1916, owns six retirement communities as well as housing units for seniors around the state, making it the state’s largest nonprofit provider of senior housing and care services. Its facilities are located in Red Bank, Whiting, East Windsor, Monroe Township, Skillman, and Maplewood.
Chartwell Navigation Inc., 195 Nassau Street, Suite 16, Princeton 08542; 609-921-1948; Ken Carr, president.
Chartwell Navigation, a shipping company, has re-opened its office. The Linkedin profile of company founder and president Ken Carr said Chartwell existed from 1996 through 2006, and has recently re-opened. It was formerly located on Wall Street in Princeton and is now on Nassau Street. Chartwell is an NVOCC, a non-vessel operating common carrier.
The Princeton Packet Inc., 300 Witherspoon Street, Box 350, Princeton 08542; 609-924-3244; fax, 609-921-2714. James B. Kilgore, president and publisher. www.centraljersey.com.
The town of Princeton’s oldest community newspaper, the Princeton Packet, is dropping its “early week” edition on Tuesday. The publication will continue its weekly Friday edition.
The change was announced in the final Tuesday edition on May 19, in a front page letter from owner and publisher James B. Kilgore. The publication will continue to provide daily updates at its website, www.centraljersey.com