Ingram Barge Company today completed its acquisition of U.S. United Barge Line, LLC (“UBL”), a barge transportation company headquartered in Tampa, Florida. The proposed transaction was announced on April 19 and, following the receipt of necessary government approval and satisfaction of other closing conditions, Ingram officials said today they had finalized the sale and that the process of integrating the UBL business will begin immediately. Approximately 300 UBL associates will join Ingram, and 17 towboats and some 650 barges will be added to the Ingram fleet. Orrin H. Ingram, Chairman of the Board of Ingram Barge Company, said the combined businesses will enable Ingram to continue its leadership role in the inland marine industry. Craig E. Philip, CEO of Ingram Barge Company, said the transaction underscores Ingram’s commitment to its customers and to the robust future of inland transportation. “We are excited to now be able to welcome the UBL associates into our Ingram Marine Group family,” Mr. Philip added. “We look forward to serving our new customers with the same dedication to quality and focused customer service for which Ingram, and UBL, have been known.” Ingram Barge Company is a subsidiary of Ingram Industries Inc., based in Nashville, Tennessee, which is one of America’s largest privately held companies
United Maritime Group agrees to sell its U.S. United Barge Line to Ingram Barge Company United Maritime Group, LLC ("UMG") announces that it has entered into a definitive agreement to sell U.S. United Barge Line, LLC ("UBL"), a wholly owned barge transportation subsidiary of UMG, to Ingram Barge Company. Based in Tampa, the subsidiaries of UMG operate businesses in the dry bulk transportation and logistics industry, including U.S
Quality, quality, quality. Ship and boat owners seeking to build a long-term profitable marine business are making this factor the cornerstone of decision making. Whether it be mandated by new legislation, or simply chosen as a marketable competitive advantage, companies that own and operate vessels should be demanding that everything — from vessel design, to equipment and systems, to personnel training techniques — are of the highest quality, or more accurately
Moody's Investors Service placed the debt rating of Midland Enterprises debt under review for potential downgrade following the announcement by its parent company, KeySpan Corporation, of KeySpan's intent to sell Midland to Ingram Industries. According to KeySpan, the transaction contemplates that Ingram Industries would assume approximately $135 million of Midland debt in a transaction expected to close during the second quarter of 2002
By Raina Clark, from MarineNews July 2010 If towboats and barges hurtled passed the average American on their way to work every morning, the industry would be better known. If commuters had to deal with failed locks the way they have to deal with congested freeways, political support for the river industry’s infrastructure would be easier to come by. Instead, towing vessels and their crews go about their work in relative obscurity
Ingram Industries Inc. of Nashville, Tennessee, and Pine Bluff Sand and Gravel Co. of Pine Bluff, Arkansas, announced today they have entered into an agreement for Ingram to sell its Ingram Materials LLC subsidiary to Pine Bluff. Ingram Materials is one of the nation’s premier producers of fine aggregate used by the construction industry for concrete, asphalt and masonry projects in Middle Tennessee, Western Kentucky and Northern Alabama.
The record $2.2 trillion U.S. budget proposal is out, and, predictably, the political posturing and positioning for additional dollars has begun in earnest. This year's budget from the President, with its heavy emphasis on defense and homeland security, has outraged a broad spectrum of the inland waterways industry, based on comments delivered by influential organizations in the immediate aftermath of its release. The $2
A U.S. Coast Guard crew from Memphis, Tenn., rescued three men whose vessel sank on the Mississippi River, near Tunica, Miss., Thursday at about 10:15 a.m. Ron Nigg, Rick Howell and Tony Lippman were rescued after their 22-foot skiff sank as they were returing from an oil spill cleanup in Tunica. At the time of the accident, there were high winds and choppy conditions reported on the river. A Coast Guard inspection crew from Marine Safety Office Memphis was also at the Tunica oil spill site
At the Annual Waterways Council, Inc. (WCI) Membership Meeting and Board of Directors Meeting held October 29 in St. Louis, the following officers and Executive Committee members were elected to serve or continue service for 2008-2009: Dan Mecklenborg, Senior Vice President, HR & Chief Legal Officer, Ingram Barge Company, remains as Chairman of the Board; Cornel Martin, was elected President and CEO; Steve Little, President and CEO, Crounse Corporation
CEACT/SevenC's digital chart software displays latest USACE additional rock pinnacles data in the Upper Mississippi. Due to the historical lowest water level USACE has issued additional rock pinnacles data for different water levels in order to continue shipping on the Upper Mississippi, allowing river pilots to navigate safely through dangerous zones. The ‘danger zones’ are presented in red color highlights without cluttering or hiding information on the charts.
SevenCs and CEACT Information Systems Inc. have announced the latest development of their inland navigation system CEACTTM. The new version includes two new major functionalities. The new version will be available in November 2012. Multiple CPA enables the user to track several AIS targets
Robert Barker is promoted to Senior Vice President and Chief Information Officer, Ingram Barge Company. “Robert has been managing operations, budgets, and varied technological projects of the Information Services group since joining Ingram in 2010,” Craig E
Drought and ensuing low river levels continue to affect the inland industry. Low water between St. Louis and Cairo, Illinois has threatened traffic on the Mississippi River since December. For months, dredging operations have slowed vessels at points along the river's course
A Unified Command of U.S. Coast Guard & the Ingram Barge Company say the Marseilles Dam is structurally sound after 7 barges broke loose nearby. On Friday night the U.S. Army Corps of Engineers, providing technical assistance to the Unified Command
Alfa Laval has been named “World’s Greatest Separation, Heat Transfer and Fluid Handling Company.” How 2 Media, the producers of the television show “World’s Greatest!...”, selected Alfa Laval to be a part of the popular television series
October 4 1821 - LT Robert F. Stockton sails from Boston for Africa to carry out his orders to help stop the international slave trade. 1943 - Aircraft from USS Ranger sink 5 German ships and damage 3 in Operation Leader, the only U.S. Navy carrier operation in northern European waters during
Michael Hennessey Named Chairman. At its October 19, 2011 meeting in Pittsburgh, the National Waterways Foundation (NWF) elected the following officers: Michael W. Hennessey, Vice President, Sales and Marketing, Brownsville Marine Products, was elected Chairman
Waterways Council, Inc. names new officers; Matt Woodruff Names Chairman At its Annual Meeting on October 19 in Pittsburgh, the Board of Directors of Waterways Council, Inc. (WCI) elected the following new officers for 2011-2013: Chairman, Matt Woodruff, (Director, Government Affairs
From the Navy News Service: 1795 - The U.S. Navy Office of Purveyor of Supplies is established. This is officially recognized as the Navy Supply Corps Birthday. 1919 - USS Osmond Ingram (DD 255), the first Navy ship named for an enlisted man, is commissioned.
United Maritime Group, LLC Announces Agreement to Sell U.S. United Barge Line, LLC to Ingram Barge Company. United Maritime Group, LLC ("UMG") today announced that it has entered into a definitive agreement to sell U.S. United Barge Line, LLC ("UBL")
New York, April 24, 2012 -- Moody's issued a press release on the planned sale of United Maritime Group, LLC's ("UMG", B2 stable) inland river barge operation, United Barge Line, LLC ("UBL") to Ingram Barge Company (not rated) for $222 million
Ingram promotes Crystal Taylor to Senior Vice President and Controller. Ingram Barge Company today announced the promotion of Crystal Taylor to Senior Vice President and Controller effective June 1. Ms. Taylor joined Ingram in 1993 as a staff accountant at Ingram Book Company
Joe Johnson has been promoted to Assistant Vice President, Coal, in the Ingram Barge Company of Nashville, Tennessee. Joe Johnson already is serving in this newly created position, and the Ingram sales team now reports to him, with respect to their coal accounts.
U.S. Army Corps of Engineers, U.S. Coast Guard, Barge Industry and Shipping Industry Representatives Hold Press Conference to Address Ongoing Mississippi River Navigation Concerns Due to Continued Drought and Low Water Conditions. Representatives of the barge and shipping industries
Industry and the federal government continue to work together to improve less than optimal conditions on the U.S. inland waterways. Measurable, although slow progress is being achieved. The summer of 2012 brought drought and poor navigating conditions to the inland waterways