American Commercial Reports 86% on-Time Delivery Performance in 2007
Posted on: Thursday, 3 January 2008, 09:00 CST
American Commercial Lines, a marine transportation and service company, has achieved an 86% on-time delivery performance during 2007 for scheduled service.
In addition to being the lowest cost and most fuel-efficient mode of transportation in the US, American Commercial Lines (ACL) said that it has now established its scheduled barge transportation service as a reliable source of transportation.
Mark Holden, president and CEO, said: "This is perhaps our most important achievement over the past three years, transforming ACL from a barge operator into an advanced transportation company. By establishing barge transportation as a reliable source of transportation, we broaden our available markets. Barge transportation has, historically, handled approximately 16% of the annual 3.8 trillion US freight ton miles with the remainder moving by truck, rail, air or pipeline. Operating a reliable transportation service has the effect of increasing our markets from 16% to over 85% of the approximate $750 billion transportation market. This type of performance further establishes the foundation for organic growth within ACL's transportation business."
Source: Datamonitor
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