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Mark R Holden News

02 Jan 2008

ACL Delivers on Time in 2007

American Commercial Lines Inc. (ACL) announced that it achieved an 86% on-time delivery performance during 2007 for scheduled service. In addition to being the lowest cost, cleanest, safest and most fuel-efficient mode of transportation in the U.S., ACL has now established its scheduled barge transportation service as a reliable source of transportation. Commenting on this performance, Mark R. Holden, President and Chief Executive Officer, said "This is perhaps our most important achievement over the past three years, transforming ACL from a barge operator into an advanced transportation company. By establishing barge transportation as a reliable source of transportation, we broaden our available markets.

03 Jan 2005

Holden is New President, CEO of ACL

American Commercial Lines LLC (ACL) announced that Mark R. Holden was selected as President and Chief Executive Officer. Prior to joining the Company, Holden was Senior Vice President and Chief Financial Officer of Wabash National Corporation, where he held various officer-level positions for the past 12 years. In addition to his duties as the Chief Financial Officer, Mr. Holden served on the Board of Directors of Wabash National and in the Office of the Chief Executive Officer. As a member of the Office of the Chief Executive Officer, Mr. Holden oversaw a very successful turnaround and restructuring of the $1 billion industrial company. Prior to joining Wabash National in 1992, Mr. Holden spent 12 years at the international accounting firm of Arthur Andersen. Mr.

11 Jan 2005

ACL Plan of Reorganization Confirmed

The United States Bankruptcy Court, Southern District of Indiana, New Albany Division confirmed the Plan of Reorganization for American Commercial Lines LLC and its affiliated debtors. ACL and its affiliated debtors, including American Commercial Barge Line LLC and Jeffboat LLC, filed for Chapter 11 protection on January 31, 2003. Richard L. Huber, Chairman and Chief Executive Officer of ACL said "We are extremely pleased to complete this reorganization process. The implementation of our Plan of Reorganization provides the best possible recovery for our creditors and ensures the Company's future viability. Our efforts are now focused on completing the steps required to emerge from Chapter 11 on January 10…

08 Dec 2006

ACL Shipyard Employees to Retain Union

American Commercial Lines Inc. announced that its Jeffboat LLC employees have elected to retain their representation by the International Brotherhood of Teamsters. A decertification vote by employees of Jeffboat was held on December 7, 2006. Mark R. Holden, President and CEO American Commercial Lines, stated, "Tremendous progress has been made at the Jeffboat shipyard the last two years in safety, productivity and the work environment by working with our employees. We look forward to continue working with our employees in pursuit of further improvements."

27 Jun 2006

ACL to Present at Coal USA Conference

American Commercial Lines Inc. (ACL) will present at the McCloskey Coal USA Conference at the New York Marriott Marquis Hotel in New York City on June 27. Mark R. Holden, President and Chief Executive Officer, is a scheduled presenter at the conference.

27 Jan 2006

ACL Execs Satisfy Tax Withholding Obligations

American Commercial Lines Inc. (ACL) announced that shares of common stock granted to certain executives that vested on January 18, 2006 were withheld by the company to satisfy tax withholding obligations of these executives of the company. The withholding of shares is permitted in accordance with the terms of the American Commercial Lines Inc. Equity Award Plan for Employees, Officers and Directors and the American Commercial Lines Inc. 2005 Stock Incentive Plan which allow participants to satisfy their tax withholding obligations with respect to awards granted under those plans. The number of shares withheld by each executive is as follows: Mark R. Holden (President and Chief Executive Officer) – 29,149 shares withheld and W.