August 25, 2016 12:51 AM ET

Marine

Company Overview of American Commercial Lines Inc.

Company Overview

American Commercial Lines Inc. provides marine transportation services. It engages in transporting dry and liquid cargoes, including chemicals, petroleum, ethanol, grains, coal, steel, fertilizers, salt, containers, and project cargoes. The company also provides towing services for third-party barges; barge management; and warehouse and liquid tank storage services, as well as offers assistance in business expansion, including site selection and construction of docks and terminals. In addition, it engages in building ships and barges; and provides vessel repair and maintenance services. The company was founded in 1915 and is based in Jeffersonville, Indiana. American Commercial Lines Inc. is...

1701 East Market Street

Jeffersonville, IN 47130

United States

Founded in 1915

Phone:

812-288-0100

Fax:

812-288-1664

Key Executives for American Commercial Lines Inc.

Chief Executive Officer and President
Age: 57
Chief Financial Officer and Senior Vice President
Age: 49
Chief Operating Officer and Senior Vice President
Age: 61
Senior Vice President and General Counsel
Age: 53
Assistant Secretary
Compensation as of Fiscal Year 2016.

American Commercial Lines Inc. Key Developments

ACL Reportedly Eyes $1bn Sale or IPO

American Commercial Lines Inc. is weighing a sale that is expected to value it at more than $1 billion. Platinum Equity, LLC is working with Bank of America, Royal Bank of Canada and UBS on options including a full sale or public market listing, Financial Times reported citing people familiar with the matter. The process is at an early stage. A representative for ACL was not immediately available for comment. Platinum Equity and its financial advisers declined to comment.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
October 1, 2015
AEP Resources, Inc.
 

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