AMERICAN COMMERCIAL LINES
AMERICAN COMMERCIAL LINES News
Passenger Vessel Sector Faces Winding Path Back to ‘Normal’
The year just ended, 2021, might be described as being about “trying to get back to normal”, across the entire transportation spectrum, two years into the pandemic. During this time, the decarbonization and electrification waves have swept across maritime passenger transport. The passenger side of the business is dependent on multiple funding sources; increasingly, this money will be driven by environmental and social considerations.The long-awaited funding of “infrastructure”-related projects…
US Barging Industry Navigating Black Swan Events
The combination of the coronavirus pandemic and oil price freefall have affected most maritime markets, including inland waterway shipping. Looking at U.S. river transport in particular, the impacts of these two black swan events vary greatly depending on the type of cargo being carried.David Grzebinski, CEO of the America’s largest tank barge operator, Kirby Corp., said in a March conference call…
American Commercial Lines Announces New Leadership
American Commercial Lines Inc. (ACL), one of the largest and most diversified inland marine transportation and service companies in the United States, announced…
American Commercial Lines Inc. Closes Agreement with Elliot Bay Design Group
American Commercial Lines Inc. (NASDAQ: ACLI) announced that it has closed the previously announced agreement to acquire the assets of Elliott Bay Design Group, Ltd.
American Commercial Lines Tightens Grain Contract Terms
American Commercial Lines Inc. (NASDAQ: ACLI) announced it has increased its ancillary charges for grain shipments, effective immediately. Gulf reconsignment charges…
S&P Revises American Commercial Lines Outlook
Standard & Poor's today revised its outlook on American Commercial Lines LLC - the largest operator of dry bulk commodity barges - to negative from stable. At the same time…
