American Commercial
ACL to Hold its 2007 Annual Meeting of Shareholders
American Commercial Lines Inc. (ACL) announced that it will hold its 2007 Annual Meeting of Shareholders on Monday, May 21, 2007, at 1:00 p.m. eastern daylight time at Headquarters, American Commercial Lines Inc., 1701 E. Market Street, Jeffersonville, Indiana.
ACL Emerges From Chapter 11
American Commercial Lines LLC (ACL) has emerged from Chapter 11 protection pursuant to the Plan of Reorganization approved on December 30, 2004 by the United States Bankruptcy Court of Southern Indiana, New Albany Division. Under the terms of the Plan of Reorganization, ACL LLC’s emergence from bankruptcy became effective on January 11, 2005. Equity in ACL LLC was transferred to a new parent company, American Commercial Lines Inc
American Commercial Lines Inc. Closes Agreement with Elliot Bay Design Group
American Commercial Lines Inc. (NASDAQ: ACLI) announced that it has closed the previously announced agreement to acquire the assets of Elliott Bay Design Group, Ltd. (“EBDG”) a naval architecture and marine engineering firm. EBDG is located in Seattle, Washington, and has recently opened a second office in New Orleans, Louisiana. The new company, Elliott Bay Design Group LLC, will continue to provide naval architecture
ACL Dedicates New Shipyard Facility
American Commercial Lines Inc. announced the dedication of a new enclosed manufacturing facility at its shipyard in Jeffersonville, IN. Associates of Jeffboat and American Commercial Lines participated in a ribbon cutting ceremony to dedicate the new facility. The new building covers the assembly line that is currently producing dry cargo barges. Jerry Linzey, Senior Vice President and Chief Operating Officer stated
ACL Award from Compass Minerals
American Commercial Lines Inc. (NASDAQ: ACLI) announced that it has received the 2009-2010 Service Excellence Award from Compass Minerals. The award was presented by Compass Minerals to 18 of its approximately 350 logistics providers at a banquet at the company's headquarters in Overland Park, Kan. on April 28. Recipients of the Service Excellence Award were selected for consistent service excellence, innovation, and logistics solutions during a two-step panel review process
ACL Shares Spike in Premarket Trading
Shares of American Commercial Lines Inc., a barge operator, spiked in premarket trading after the company raised its 2006 outlook on pricing strength and improved efficiency benefits. Shares rose $2.98, or 5.8 percent, to $54.12 in premarket electronic trading. The stock closed at $51.14 Monday and has traded in a 52-week range of $25.60 to $63.47. Source: AP
ACL Announces $150m Stock Repurchase Program
American Commercial Lines Inc. (ACL) said that its Board of Directors has approved a stock repurchase program of up to $150m. The company completed its previous $200 million stock repurchase program in July of this year, representing approximately 7.8m shares of its common stock.
ACB Elects Fleet Manager
Gary C. Ruff has joined American Commercial Barge Line LLC as fleet manager in the planning center. Ruff, who previously served as logistics manager for Holman Cement, holds a bachelor's degree from Lindenwood College, St. Charles, Miss.
Jaworski New ACL Director, Marine Assurance & Vetting
American Commercial Lines Inc. (NASDAQ: ACLI) announced the promotion of Dan Jaworski to the position of National Director, Marine Assurance and Vetting. Jaworski has been with ACL since 1981 and has held a series of senior commercial positions with the company in the liquids sector. In his new role, Jaworski will remain located in Houston, Texas and will now report to Bill Braman, Vice President and General Manager, Transportation Services.
Adams Interim President & CEO at OMSA
The Offshore Marine Service Association (OMSA) announced the appointment of James Adams as interim President and Chief Executive Officer. Adams’ appointment followed the resignation of Ken Wells, who has led OMSA since 2004. Wells left the organization in order to pursue other opportunities. Otto Candies, III, the chairman of OMSA’s board of directors stated, “We are sorry to see Ken go as he has served our organization and members energetically for six years
AMPR Releases Study on Jones Act
Crowley is a member of The Puerto Rico Maritime Alliance, which consists of representatives of U.S. flag carriers and labor unions constituting the US Merchant Marine. The Maritime Alliance of Puerto Rico (AMPR) has announced that the GAO Study released yesterday determined the Jones
Jones Act Seems Beneficial to Puerto Ricans Finds GAO
American Maritime Partnership (AMP) member, Crowley Maritime Corp. distributes the following announcement: The long-awaited General Accountability Office (GAO) study on the Jones Act in Puerto Rico shows that the U.S. domestic container shipping fleet has provided regular
ACL to Haul for SeaRiver Maritime
American Commercial Lines Will Transport Petroleum Products by Inland Barge for SeaRiver Maritime Inc. American Commercial Lines (ACL) is pleased to announce that it has entered into an agreement with SeaRiver Maritime Inc., a marine affiliate of Exxon Mobil Corporation
Elliott Bay Design Group Celebrates 25 Years
After a quarter of a century, EBDG leads the U.S. ferry market and begins a new journey as a unique employee-owned company. Elliott Bay Design Group (EBDG) celebrates its 25th anniversary and a successful first year following a management buyout by nearly half its employees
ACL to Begin Transporting Canadian Crude Oil
American Commercial Lines (ACL) is pleased to announce that it will begin transporting crude oil by barge on the U.S. inland waterways for MEG Energy (U.S.) Inc. (MEG Energy), a subsidiary of the Canadian oil company MEG Energy Corp.
Cat Marine Engines Chosen
American Commercial Lines (ACL) has selected Cat C280 marine engines for repowering six of their towboats. Bill Foster, ACL vice president Boat Maintenance, commented, "We are making significant investments in our fleet to improve reliability and performance
Cat Marine Engines to Re-Power Six Tugboats
American Commercial Lines (ACL) select Cat® C280 marine engines for repowering six of their towboats. The first vessels being repowered are the MV J. Russel Flowers and the MV Thurston B. Morton. Cat dealer Whayne Power Systems is assisting with the repower project
Cummins Names Leadership for Key Segments
Cummins Inc. (NYSE: CMI), a manufacturer of diesel engines for the commercial marine industry, has reorganized it Commercial Marine Business around five customer-focused market segments: commercial transport; offshore oil and gas; passenger transport; government / defense; and special use
ACL Adds Eight Tank Barges
American Commercial Lines Expands Liquid Cargo Fleet With Purchase of Eight 20,000 Barrel Capacity Tank Barges. American Commercial Lines (ACL) today announced the purchase of eight 20,000 barrel capacity tank barges from SeaRiver Maritime Inc., a subsidiary of Exxon Mobil Corporation
EBDG Becomes Employee-Owned Firm
Elliott Bay Design Group LLC (EBDG) announced that its management and employees have purchased the firm from its parent company, American Commercial Lines (ACL). The transaction closed on December 1, 2011. Following an internal business review
ACL Names SVP and COO
American Commercial Lines Inc. (ACL), one of the largest and most diversified inland marine transportation and service companies in the United States, announced today the appointment of Paul A. Tobin as Senior Vice President and Chief Operating Officer.
American Commercial Lines Announces New Leadership
American Commercial Lines Inc. (ACL), one of the largest and most diversified inland marine transportation and service companies in the United States, announced today the appointments of Mark Knoy as President and Chief Executive Officer and David Huls as Senior Vice President and Chief
ACL Appoints New Executives
American Commercial Lines (ACL) has relocated Bill Braman, Senior Vice President and Chief Operating Officer – Transportation Services, to Harahan, LA, where he will lead the field implementation of ACL’S new operating plan and scheduled service platform
ACL Launches First in Tanker Barge Series
American Commercial Lines Inc. announced that it launched the first in a series of tanker barges to be constructed at its Jeffboat manufacturing facility through 2012 to replace retiring fleet capacity. The new barges will improve the age profile and quality of ACL's fleet.
O’Connell Joins Edoc as Regional Sales Manager
Edoc Systems Group Ltd., developers of Helm Marine Operations software, announced that Ged O’Connell will be joining the company as its new Regional Sales Manager. O’Connell, formerly the North American Sales Manager with Jeppesen, a Boeing Company