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CSX Corporation sold two-thirds of its control of water transport company American Commercial Barge Line in 1998, citing a desire to focus more on rail operations. [20] The founding chairman of CSX Corporation was Prime F. Osborn III of Seaboard, [21] for whom Jacksonville's Prime F. Osborn III Convention Center is named. The first CEO and ...
Athens Line: ABS: Alabama Southern Railroad: AC: Algoma Central and Hudson Bay Railway → Algoma Central Railway: ACBL: American Commercial Barge Lines: ACIS: Algoma Central Railway: ACJR: Ashtabula, Carson and Jefferson Railroad: ACL: Atlantic Coast Line Railroad → Seaboard Coast Line Railroad → Seaboard System Railroad → CSX ...
As of 20 June 2015, the 68-acre Jeffboat shipyard is owned by American Commercial Lines Inc. (ACL), a company also based in Jeffersonville, Indiana. Mark Knoy is the CEO. In turn, Platinum Equity owns ACL, the largest inland shipbuilder in the United States, building both river barges and ocean barges. [7]
The last boat rolled off Jeffboat's assembly line in 2018 when the company shut down after nearly 200 years of operation. The site sat vacant in the interim, though plans to redevelop it have been ...
Under the purchase agreement, Global will acquire a 60% membership interest in Basin Transload, with the remaining 40% split evenly between current owners TGC, L.P. and MBI Holdings, LLC.
The numerous car float operations across New York Harbor shrank to a single cross harbor barge line, the New York Cross Harbor Railroad. It merged with a trucking company, then ran into financial difficulties and sold its cross harbor operation to New York New Jersey Rail, LLC , which was subsequently purchased by the Port Authority of New York ...
In 1958, Crowley moved into Arctic transportation with an agreement to resupply the U.S. government’s Distant Early Warning Line on the Alaska coastline. It was the first penetration of the Arctic by commercial tug and barge services. This led to Crowley’s Alaska common carrier services whereby railcar, breakbulk, containerized and bulk ...
In 1984, Ingram purchased Ohio Barge Line, formerly owned by U.S. Steel. Neil N. Diehl came on board as Chairman Emeritus of IBCO to oversee the acquisition. [3] During the 1980s, Ingram bought many boats and barges from several different transportation companies, allowing IBCO to become the third largest for-hire river carrier in the U.S.