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American Commercial Lines Announces a Realignment of Its Transportation Services Division
| Source: American Commercial Lines Inc.
JEFFERSONVILLE, IN--(Marketwire - September 8, 2009) - American Commercial Lines Inc. (NASDAQ : ACLI ) ("ACL" or the "Company") announced today it is realigning its
Transportation Services Division to reduce costs, improve efficiencies, and
streamline communication. The Company will be moving leaders in operations
management to field locations, closer to its employees and customers.
Headquartered in Jeffersonville, IN, ACL operates a fleet of more than
2,600 barges and approximately 130 towboats on a network of more than
12,000 miles of U.S. inland waterways. It also operates terminals, as well
as fleeting, shifting, cleaning, and barge and boat repair services
throughout its network.
The Company is realigning its Transportation Services business into two
regional divisions. The Southern Division, based in Harahan, LA, will
include the Company's network south of Baton Rouge, LA, which is located at
mile marker LM237. The Northern Division, based in Cairo, IL, will include
the Company's network north of Baton Rouge, LA.
Mario Munoz, previously Vice President Vessel Operations, will lead the
Company's operations in the south as Vice President and General Manager
Southern Division and will be located in Harahan, LA. Bill Foster,
previously Director of Barge Maintenance, will lead operations in the north
as Vice President and General Manager Northern Division, and will be
located in Cairo, IL. Prior to this realignment, this level of leadership
was located at the Company's headquarters in Jeffersonville, IN. The
entire Transportation Services group will continue to be led by Vice
President and General Manager, Transportation Services, Bill Braman, who is
based in the Jeffersonville headquarters.
The Company believes that the realignment of its Transportation Services
unit will enable it to better serve its customers while improving the
efficiency of its operations. These changes will also effectively position
ACL to advance a program for scheduled barge transportation service, which
will help increase business with existing customers, as well as attract new
business to the inland waterways.
Mike Ryan, President and CEO of ACL, stated, "With this realignment, we
will continue to reduce costs, improve efficiency in the organization, and
move the company's leadership closer to our employees and our customers.
We will have improved communication, more informed and streamlined decision
making, and greater accountability. All of these elements will generate
significant operational improvements for our customers."
The realignment of the Transportation Services Division is expected to be
completed in early October.
American Commercial Lines Inc., headquartered in Jeffersonville, Indiana,
is an integrated marine transportation and service company operating in the
United States Jones Act trades, with approximately $1.2 billion in revenues
and approximately 3,400 employees as of December 31, 2008. For more
information about American Commercial Lines Inc. visit www.aclines.com.