Barge

As expected, Indiana-based American Commercial Lines (ACL) has filed for Chapter 11 bankruptcy protection as part of a debt-restructuring process. ACL is the second-largest barge owner in the U.S., with a focus on dry cargo barges carrying grain and coal. The bankruptcy case filed in the district...

The big gorilla keeps getting bigger. Kirby Corp. (NYSE: KEX), the dominant player in the U.S. inland tank-barge sector, has swung to a profit in the fourth quarter of 2019 and announced yet another fleet takeover. Kirby reported net income of $2.8 million for the fourth quarter of 2019 versus a...

Grain transportation came to a screeching halt for weeks after onslaughts of record flooding and round after round of severe storms slammed the nation's heartland in March. The region is finally getting enough of a break from Mother Nature to let barges resume movement up and down the Mississippi...

The Tennessee River is closed to all commercial vessel traffic as higher-than-normal rainfall cause flooding and swift currents along the river. The U.S. Army Corps of Engineers closed nine locks on the main stem of the river that are used by commercial vessels, said Tennessee Valley Authority (...

South Carolina's Charleston region is the latest coastal city looking to tap underutilized waterways for moving freight, and hopefully find more success than earlier projects. The Port of Charleston is looking to add a wharf space to the Wando Welch marine terminal for loading marine containers...

One media outlet ran a headline (that it later changed) that read, “mystery solved.” That’s might be a bit premature, but it is safe to say that the details behind that mystery barge moored in San Francisco Bay is almost certainly a Google (NASDAQ: GOOG) project. Once the rumor-mill-reporters...