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Inland River Barge Transportation News

16 Mar 2012

NWF Releases Modal Transportation Comparison Update

Michael Hennessey, Chairman, National Waterways Foundation.

National study Updated: Compares freight trdansportation by barge, truck and train. Barges Superior in Terms of Fatalities, Injuries, Spills and Environmental/Societal Impacts. The National Waterways Foundation (NWF) has released an update of a 2007 study comparing selected societal, environmental, and safety impacts of utilizing inland river barge transportation to highway and rail transportation. Titled “A Modal Comparison of Freight Transportation Effects on the General Public…

16 Jun 2009

U.S. Waterways: Greenhouse Gas Emissions Study

Acting for the National Waterways Foundation (NWF), the Center for Ports and Waterways at the Texas Transportation Institute, Texas A&M University, has amended their 2007 study, “A Modal Comparison of Freight Transportation Effects on the General Public” to include a comparison of  Green House Gas (GHG) emissions between inland river barge transportation, highway and rail transportation. The research team focused on Carbon Dioxide (CO2) emissions, which are currently the focus of the public policy debate on Green House Gasses. Using EPA parameters, the team calculated how much CO2 is emitted per ton mile for each mode. Emissions per ton mile are those emissions experienced in moving one ton of cargo one mile.

17 Mar 2005

SEACOR and Seabulk Announce Merger Agreement

Seabulk International, Inc. and SEACOR Holdings Inc. announced that they have signed a definitive merger agreement. The Boards of Directors of both companies have unanimously approved the transaction. Under the terms of the merger agreement, Seabulk's stockholders will, subject to limited adjustments, receive 0.2694 of a share of SEACOR common stock plus cash of $4.00 for each issued and outstanding share of Seabulk common stock, which represents a 29% premium over Seabulk's closing share price on March 16, 2005 (based on SEACOR's closing share price of such date). In certain circumstances, the portion of the merger consideration payable in cash may be reduced and shares of SEACOR common stock, having a value on the closing date equal to the cash reduction, may be substituted therefor.