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PARTNERS FORM BARGE LOGISTICS VENTURE

PARTNERS FORM BARGE LOGISTICS VENTURE

   American Commercial Barge Line Co. and MBLX, Inc., an affiliate of M.G. Maher & Co., Inc., have announced the formation of a joint venture, BargeLink.

   The joint venture company will provide river barge logistics, barge brokering, electronic rate requests and tracking services for full barge load cargoes.

   Based in the New Orleans offices of MBLX, BargeLink will supply a range of barge-related services, including ocean transportation, customs clearance, discharge of vessels, unloading of barges, warehousing, distribution, and truck/rail deliveries.

   In a joint statement, American Commercial Barge Line and MBLX said that the venture will offer domestic and international shippers the combination of MBLX’s logistics expertise and web-based tracking systems with the coverage offered by American Commercial Barge Line’s inventory of boats, barges and fleeting services.

   MBLX will continue to offer its less-than-barge load consolidation and logistical services and American Commercial Barge Line will continue to provide full barge load transportation services for the inland river system.