Page 46: of Marine News Magazine (August 2015)

MN 100 Market Leaders

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M N 100

Orrin Ingram, David G. Sehrt,

President & CEO Senior Vice President and Chief

Engineering Of? cer of Ingram

Ingram Barge Company

Barge Company superior customer service. Ingram sees the future and the future includes dry cargo

Like Harvey Gulf and Crowley, 2015 has been a busy barges that just happen to ? t containers nicely in good year for this domestic inland giant. In late March, the numbers. Sure, it makes for a ‘green footprint’ but Ingram

Paducah-McCracken County Riverport Authority and also sees a different kind of green. Ingram Barge Company

Ingram Barge Company announced plans to assess the certainly isn’t the ? rst to try this service on America’s in- viability of Intermodal River Transportation, utilizing land waterways. But, sometimes, it isn’t about being ? rst – the largest ? at-top crane in North America and Ingram’s it’s about collaboratively providing the right service, for the towboats and barges. On March 27th, an Ingram tow- right reasons, in the right fashion, at the right time. And, boat transported a container laden barge to the port of St. when it is all said and done, that just might leave some

Louis and then back to Paducah for unloading. The highly competitors ‘green’ with envy.

successful trial run of 54 containers tested the logistics of moving the intermodal containers via barge in the nation’s Kirby Corporation: heartland. Rolling on the River with Record Earnings

For IBCO, the intermodal container move now opens Kirby Corporation is a premier tank barge operator up a world of other opportunities and options – not only in the United States, transporting bulk liquid products for Ingram, but also for shippers, environmental reform throughout the Mississippi River System, on the Gulf In- proponents and everyday users of the roadways that will tracoastal Waterway, along all three U.S. Coasts, and in see less traf? c, if and when the ? edgling enterprise takes Alaska and Hawaii. Kirby’s service includes the transport- ? ight. Ingram’s bold test run, which ended in April, cer- ing of petrochemicals, black oil products, re? ned petro- tainly demonstrated the viability of the concept. leum products and agricultural chemical products by tank

Chuck Arnold, Ingram’s Vice President of Business and barge. Kirby also owns and operates seven ocean-going

Strategic Development, told MarineNews, “We’re ready to barge and tug units transporting dry-bulk commodities in go. We’re kind of a silent industry for transport, but this United States coastwise trade.

will give shippers an opportunity and for us, an opportu- In January, Kirby announced record net earnings of nity to grow. As an industry, we think we could grow by $68.1 million, or $1.19 per share, for the fourth quarter as much as 50 percent without any impact on the environ- 2014. The results impressively bested 2013’s fourth quar- ment or the recreational users.” Moreover, Arnold sees a ter ? gures of $64.3 million, $1.13 per share. Consolidated shift in how to market the new service in a manner that revenues for the 2014 Q4 increased 18% to $668.3 million appeals to everyone. compared with $568.4 million for Q4 2013. That kind of

August 2015 46 MN

Marine News

Marine News is the premier magazine of the North American Inland, coastal and Offshore workboat markets.