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ACBL to Pay Over $2 Million for Mississippi River Oil Spill
Jeffersonville, Ind.-based barging company American Commercial Barge Line (ACBL) has agreed to acquire and preserve 649 acres of woodland wildlife habitat and will pay an additional $2 million for damages stemming from a 2008 oil spill on the Mississippi River, near New Orleans.The company has already paid $1.32 million to reimburse the federal and state trustees for their past damage assessment and restoration planning costs after one of its barges discharged approximately 6…
American Commercial Barge Line Names Ellis as CEO
U.S. inland barge transportation company American Commercial Barge Line (ACBL) has named Mike Ellis as the company’s new chief executive officer and a member of its board of directors, effective August 17, 2020.Ellis will take the helm following ACBL's recently completed Chapter 11 recapitalization and restructuring, succeeding retiring president and CEO Mark Knoy, who has led the company since 2011.“Following a thorough search…
Workboat Report: The U.S. Workboat ($33.8B) Market
The U.S. towing and tug business is 5,500 boats, more than 31,000 barges with an estimated total impact on U.S. GDP of $33.8 billion.“At a macro level, the bigger ships are causing downward pressure on the ship assist business because there are fewer ship calls given the increased capacity of these vessels. However, certain ports have seen tremendous growth, based on strategic location and infrastructure…
Interview: Mark Knoy, President and CEO, ACBL
American Commercial Barge Line (ACBL) named Mark K. Knoy as its president and chief executive officer in August 2011. Prior to joining ACBL, he was vice president of American Electric Power’s (AEP) Fuel, Emissions and Logistics Group and president of AEP River Operations, having joined AEP with its 2001 purchase of MEMCO Barge Line. From 1984 to 1994, he was owner/operator of The Mark Twain Towing Company and Delmar Marine, Inc., Pekin, Illinois.
By the Numbers: Barge Transportation Market
Barge transportation comprises an extensive network, ideal for carrying seaborne cargo to inland destinations and exports alike. Responsible, in part, for the worldwide trade of bulk transport, the industry is of great significance to the agricultural sector. In North America, The Army Corps of Engineers maintains and operates over 12,000 miles of canals, rivers, and inland waterways. The Illinois…
Jeffboat Announces Plant Closure
Jeffboat announced this morning the pending closure of its shipyard operations in Jeffersonville, Indiana. Following recent Worker Adjustment and Retraining Notification…
Z-Drive Collaboration on the Inland Waterways Expands
American Commercial Barge Line’s leadership and early adoption of ZF Marine’s z-drive propulsion technology underscores a growing trend on the inland waterways.
IMS Announces New Client: Campbell Transportation
U.S. inland vessel management company Inland Marine Service (IMS) said it has taken on Campbell Transportation Company as its latest client. A fully integrated marine services company, Campbell is currently undergoing an acquisition with American Commercial Barge Line. Once completed, Campbell Transportation will own and/or manage more than 1,100 barges and 50 towboats on the inland waterways, along with four shipyard facilities and a marine construction company…
Campbell Acquires ACBL Assets
Marine services company Campbell Transportation Company, Inc. (CTC) said it has completed the acquisition of certain affreightment contracts along with 155 barges…
Campbell Acquires Barges, Towboats from ACBL
Campbell Transportation Company, Inc. said it has signed an agreement with American Commercial Barge Line LLC (ACBL) to acquire certain affreightment contracts along with 155 barges and four towboats that will operate on the Ohio River system. Campbell said it expects to close the transaction by the end of the second quarter, subject to customary closing conditions. Once the acquisition has been completed…
Coalition Urges Congress to Address Asian Carp in the Great Lakes
A coalition of maritime business and industry organizations sent a letter to key Members of Congress on Friday, March 24 urging funding for the Great Lakes Restoration Initiative (GLRI) to further support efforts undertaken by the State of Illinois to slow, stop and reverse the migration of Asian carp, an aquatic invasive species, through cost-effective measures. In the letter, the UnLock Our Jobs…
American Commercial Barge Line Will Use Originals Online
American Commercial Barge Line announces its decision to use Originals Online to enhance the exchange of barge freight commercial documents with its customers. The…
Frasher Takes Head of Helm at American Commercial
Stephen A. Frasher has been appointed president and CEO of American Commercial Barge Line LLC as well as CEO of Jeffboat LLC, Louisiana Dock Company LLC and American Commercial Terminals LLC.
Product: GE M&SP Makes Strong Maritime Push
GE Transportation Systems, Marine & Stationary Power (M&SP), is making a strong push to capture medium-speed diesel engine business in the maritime sector, fortifying…
Frasher Steps Down as ACL CEO
American Commercial Lines LLC announced that Stephen A. Frasher will step down as President and CEO effective April 30, 2004. ACL will make the following executive changes on that date. Richard L.
ACBL Announces Appointments
Paul Brotzge has been named Vice President, Finance, Treasurer and Controller. He was previously Vice President, Finance and Controller. Brotzge has been with the Company for twenty-three years.
ACBL Announces New Appointments
American Commercial Barge Line has announced a number of new appointments. ACBL, headquartered in Jeffersonville, In. is an integrated marine transportation and service company.
ACBL and MBLX Announce the Formation of BARGELINK
American Commercial Barge Line Company (ACBL) and MBLX, Inc. announce the formation of BargeLink, a joint venture company providing river barge logistics, barge brokering…
People & Company News
Captain Marine Services, Inc. of Dana Beach, Fla. has been servicing the yachting and sport diving industries for the last nine years for all of their need above and below the waterline as well as…
People & Company News
Duramax Marine, a world leader in water-lubricated rubber bearings, recently broke ground on a new facility that will streamline the company's current manufacturing operations.