ACL Profit Grows

Wednesday, October 25, 2006
According to reports, American Commercial Lines Inc.'s third-quarter net income rose to $28.4 million, or 90 cents per share, from $3.5 million, or 15 cents per share, a year earlier. Revenue rose to $266.6 million from $167.3 million. Revenue from the transportation segment rose to $212 million from $145 million a year earlier, driven by increases in volume and pricing. Revenue from the manufacturing segment rose to $54 million from $22 million on increased external builds and higher production levels. For the first nine months of the year, net income rose to $57.3 million, or $1.83 per share, from $3.2 million, or 14 cents per share, during the same period last year. Revenue for the period rose to $676.7 million from $489.4 million. Source: Business First

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds


Canada to Aid Developing Nations Fight Climate Change

Canada will provide aid to developing countries to combat climate change, Prime Minister Justin Trudeau announced on Friday ahead of talks on global warming,

Gates to Launch Mega Clean Tech Initiative

Microsoft co-founder Bill Gates will launch a multi-billion-dollar clean energy research and development initiative on Monday, the opening day of the U.N. climate change summit in Paris,

Extended Warranty from Yanmar for Sailboat Engines

Yanmar Marine International B.V. has introduced an extended 3 years’ period of YANMAR Limited Warranty for Sailboat Engine Models. This extended warranty of

Maritime Standards Naval Architecture Navigation Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Ship Simulators
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0690 sec (14 req/sec)