Kirby Corporation announced April 2 that it has completed the acquisition of Savage Inland Marine’s inland barge fleet, announced January 30. The total consideration paid was approximately $278 million and… Read More
Mergers and Acquisitions
Associated Terminals, the Convent, La.-based cargo handling and logistical solutions company, announced January 21 the acquisition of New Orleans Bulk Terminal, a privately-owned, 50-acre facility located just off the Gulf… Read More
Turn Services, the New Orleans-based fleeting and shifting company that provides a variety of services to companies operating on the inland waterways of the United States, announced January 21 the… Read More
In an agreement that was finalized October 30 but is only now being publicly disclosed, American River Transportation Company (ARTCO) agreed to operate all the assets of TPG Mt. Vernon… Read More
Missouri Dry Dock & Repair Company Inc. of Cape Girardeau, Mo., has sold its floating assets to McNational Inc. of South Point, Ohio, as part of a private deal. Missouri… Read More
United States Steel Corporation announced October 1 a joint venture partnership agreement under which it has taken the first step towards acquiring Big River Steel through the purchase of a… Read More
Arcosa Marine, Ashland City, Tenn., announced on June 4 it has acquired the assets of Wintech International LLC, a leading provider of winches to the marine, rail and industrial markets. Read More
CC Industries Inc. (CCI) announced May 30 that it had acquired Z-drive pioneer Southern Towing Company (STC) from Trive Capital and McCombs Partners. The new owners said that STC will… Read More
Inland Marine Service (IMS) and James Marine have formed a new joint venture to assist vessel owners in complying with Subchapter M requirements. The venture, called Mavericks Towboat Solutions, was… Read More
Watco Companies LLC announced May 6 that it has entered into a joint venture with SCH Services LLC to create a bulk materials terminal network in the Four Rivers area… Read More
