September 10, 2009
ACL realigns Transportation Services Division
Inland waterways giant American Commercial Lines Inc. (NASDAQ: ACL) says it is realigning its Transportation Services Division 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, Ill., will include the network north of Baton Rouge.
Mario Munoz, previously VP Vessel Operations, will lead operations in the south as Vice President and General Manager Southern Division and will be located in Harahan. 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.
Prior to this realignment, this level of leadership was located at the Company's headquarters in Jeffersonville, Indiana. 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.
ACL believes that the realignment will enable it to better serve its customers while improving the efficiency of its operations. The changes will also position ACL to advance a program for scheduled barge transportation service, which, it says, 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.