Inland and Coastal

Rand Logistics to buy American Steamship

GATX Corporation (NYSE:GATX) today announced that it has entered into a stock purchase agreement for the sale of its American Steamship Company (ASC) business to Rand Logistics, Inc. for a purchase price

ACL files for Chapter 11 in U.S. Bankruptcy Court

As expected, Jeffersonville, Ind., headquartered American Commercial Lines Inc. (ACL), one of America’s largest barge transportation companies, on Friday, voluntarily filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code in