Jim Bareksten News

In the June edition of MarineNews, Jim Bareksten, Director, Government Affairs, CHS, Inc. spoke about the challenges facing his industry. CHS is a diversified energy, grains and foods company, a Fortune 100 company using river barges to transport some of its product. How did your company/the industry weather 2009? CHS performed very well during our fiscal 2009, in fact we recorded our fourth-best results in the 80 years since this cooperative business was founded. Our earnings were $381.4 million on revenues of $25.7 billion. The real key was the diversity of our operations.

At its Annual Meeting held October 1 in Houston, the Board of Directors of Waterways Council, Inc. (WCI) elected the following officers and Executive Committee members for 2007-2008: Dan Mecklenborg, Senior Vice President, HR & Chief Legal Officer, Ingram Barge Company, Chairman; R. Barry Palmer, WCI, President and CEO; Steve Little, President and CEO, Crounse Corporation, General Counsel; Peter Stephaich, Chairman, Campbell Transportation Co., Secretary; Cherrie Felder, Vice President, Channel Shipyard, Treasurer. H. Merritt Lane III, President and Chief Executive Officer, Canal Barge Company; Peter Lilly, Chief Operating Officer--Coal, CONSOL Energy Inc., and Rick Calhoun, President, Cargo Carriers, were named as Vice-Chairmen.