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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


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.


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 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.


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 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 First Quarter Results

American Commercial Lines Inc. (ACL) announced results for the first quarter ended March 31, 2008. Revenues for the quarter were $270.5 million, an 18.5% increase compared with $228.2 million for the first quarter of 2007. Net income for the quarter was $2.3 million or $0.05 per diluted share, compared to a net loss of $1.1 million or $0.02 per diluted share for the first quarter of 2007. Results for the first quarter of 2008 included an after tax benefit of $1.3 million or $0


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


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.


AEP to Sell AEP River Ops To ACL

An AEP river tow (File image)

American Electric Power (AEP) has signed an agreement to sell its commercial barge transportation subsidiary, AEP River Operations LLC, to American Commercial Lines (ACL), owned by Platinum Equity, for approximately $550 million. AEP River Operations is a commercial inland barge company


ACL Acquires AEP River Operations

Mark Knoy (Photo: American Commercial Lines)

 Marine transportation service company American Commercial Lines (ACL) announced it has acquired commercial inland barge company AEP River Operations from American Electric Power (AEP).   AEP River Operations is based in Chesterfield, Mo., with operations in Paducah, Ky


Bearing System Sees No Wear After 20,000 Hours

Inland Barge Services’ push boat Ramona serves the communities along Alaska’s Yukon River (courtesy of Inland Barge Service Inc)

After nine years of operation in the harsh, abrasive waters of Alaska’s Yukon River, aboard Inland Barge Service’s push boat Ramona, Thordon Bearings’ RiverTough water-lubricated tail-shaft bearing system has emerged completely free of wear and tear, according tot the manufacturer


ZF Marine Grows Presence in Louisiana

ZF Marine New location rendering (Photo: ZF Marine)

ZF Marine, the marine business unit of the global ZF Group, has announced that they have secured a new location for their Gulf of Mexico/Inland Waterway sales and service operations.   The company opened its wholly owned location in the greater New Orleans area in late 1996


ACL Selected to Serve on the IWUB

Mark Knoy, ACL President and CEO (Photo: ACL)

American Commercial Lines (ACL) has been selected to serve as a representative on the Inland Waterways Users Board (IWUB), an advisory board established to monitor the Inland Waterways Trust Fund (Fund) and make recommendations to the Army Corps of Engineers and to Congress on investment


USA Maritime Applauds Continuation of 'Food for Peace' Program

Image credit US Government

USA Maritime praises the House of Representatives for rejecting the Royce-Engel amendment that would have dramatically altered the existing PL 480 Food for Peace Program. The action in the House, according to USA Maritime Chairman James Henry


ACL Receives Environmental Achievement Award

American Commercial Lines Inc. (ACL), a U.S. marine transportation service company, was presented with Environmental Achievement Awards by the Chamber of Shipping of America (CSA) at a reception held Wednesday, November 13 in Washington, D.C


Florida Ranks 2nd in the US for Maritime Jobs

AMP Chairman Thomas Allegretti

Domestic Maritime Industry Worth More than $9.6 Billion to Florida Economy. Florida ranks second among all states in domestic maritime jobs, according to a new study by PricewaterhouseCoopers (PwC) for the Transportation Institute and released by the American Maritime Partnership (AMP)


ACL Recognizes Safe Liquid Cargo Handlers

Photo: ACL

American Commercial Lines presented Marine Environmental Stewardship Awards on Wednesday, July 16 in Houston, Texas, recognizing 35 customers for safe handling of chemicals, petroleum products and other liquid cargos. The customers recognized by ACL safely handled over two billion gallons of


First N.American Boat Powered by Volvo Penta IPS

Photo courtesy of Volvo Penta IPS

Thomas Paine, the new 50-ft. aluminum patrol boat that joined the Massachusetts Environmental Police fleet in July, is the first commercial vessel in North America to be powered by Volvo Penta IPS propulsion. Built by Metal Craft Marine Inc


MN 100: Moxie Media, Inc.

Moxie.jpg

1301 Dealers Ave. New Orleans, LA 70123 Telephone: 504 733 6907 E-mail: bstout@moxiemedia.com Website: www.moxietraining.com CEO/President: Martin Glenday Number of Employees: 20 The Company: Moxie Media develops, publishes and distributes cutting edge training materials to meet the


New Vice Presidents at Caterpillar

  Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. today announced related changes at the vice president level, including the retirement of Vice President Steve Gosselin.


Vice Presidents Rejig at Caterpillar Inc

Following the previous announcement regarding two group presidents’ retirements and new responsibilities for another group president, Caterpillar Inc. (NYSE: CAT) today announced related changes at the vice president level, including the retirement of Vice President Steve Gosselin.


SCI’s New Chapter in Maritime Training

The Simulator at the Center for Maritime Education in Paducah, KY.

On December 10, 2014, SCI launched a major initiative to transform training for America’s inland mariners at its Center for Maritime Education in Paducah, KY.   The day before its 15th Annual River Bell Awards ceremony, the Seamen’s Church Institute (SCI) pushed the proverbial


SCI’s New Chapter in Maritime Training

Seamen’s Church Institute (SCI) launched an initiative on December 10, 2014 aiming to transform training for America’s inland mariners at its Center for Maritime Education in Paducah, KY.   The day before its 15th Annual River Bell Awards ceremony






 
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