SOURCE: American Commercial Lines Inc.

American Commercial Lines Inc.

March 24, 2010 16:30 ET

American Commercial Lines Receives 2010 GE Energy New Product Introduction Award

JEFFERSONVILLE, IN--(Marketwire - March 24, 2010) -  American Commercial Lines Inc. (NASDAQ: ACLI) ("ACL" or the "Company") announced today that it has received the 2010 GE Energy New Product Introduction Award. The award is provided to the company that introduces the most innovative solution to GE Energy's commercial transportation supply chain. ACL was recognized for innovation and flawless execution in bringing a water-based, environmentally friendly, economical, and safe solution to GE Energy as an alternative to land-based transportation options.

Commenting on the award, Gabe Forir, ACL's Director of Sales, Midwest Region, stated, "We are excited to receive the 2010 GE Energy New Product Introduction Award for our work, along with partner TMO Global Logistics, in developing a barge transportation solution for GE. Transporting wind turbine blades and towers in barges via the U.S. inland waterways is a commercially viable solution for wind power companies, like GE, who are committed to optimizing their supply chains."

Mike Ryan, ACL's President and CEO, added, "What a great combination, using our ACL barges, which are the cleanest and most economical form of transportation, to transport GE's green solution for our country's energy needs. GE is a sophisticated shipper with high expectations for service excellence from vendors. GE's endorsement of ACL's service and value is a new milestone of success for our company as we continue to expand our service offerings to transport an increasing number of high value products."

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 $850 million in revenues and approximately 2,570 employees as of December 31, 2009. For more information about American Commercial Lines Inc., visit www.aclines.com.

Contact Information

  • Contact: David T. Parker
    Vice President, Investor Relations and Corporate Communications
    (800) 842-5491