The acquired units, built from 2004 to 2008, are 17 tank barges with 10,000-barrel capacity, 62 jumbo covered hopper barges with fiber lift covers, and 13 jumbo open hopper barges.
Nashville-based Ingram, with a fleet of more than 100 line-haul towboats and more than 4,000 barges, is the nation’s largest barge company.
Craig Philip, Ingram’s chief executive officer, said the new equipment would “enhance our ability to provide dry-cargo and tank barge transportation services to our growing customer base.'
Ingram plans to use the tank barges in a variety of liquid trades, and the hopper barges for the grain, utility and various other dry cargo trades.
Ospraie Special Opportunities Fund is an investment fund affiliate of Ospraie Management LLC, which is located in New York City.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now