Company News

Conrad Industries Inc. reported November 16 a net loss of $3.6 million, or -72 cents per share, for the third quarter. That compares to net income of $938,000, or 20… Read More

Callan Marine has announced the hiring of Matt Sitka as chief financial officer. A 15-year veteran of the industrial services, dredging, and marine construction industry, Sitka brings experience in the… Read More

Barge-builder and infrastructure firm Arcosa Inc. reported increased dry barge margins and double-digit growth in revenues in the third quarter but saw a weakness in liquid barge orders, which it… Read More

Svitzer and Caterpillar signed a Global Services Agreement November 18 designed to increase vessel up-time, drive service efficiency, and extend Svitzer’s overall service experience with Caterpillar. As the world’s largest… Read More

Company Wrench Ltd. announced it is the new dealer for Kobelco Construction Machinery USA Inc. in central Florida. Company Wrench also represents Kobelco in five other states, including North Carolina,… Read More

The Volvo Group announced it is taking the next step in adjusting and future-proofing the company in line with the ambitions of the Paris Climate Agreement. The goal is that… Read More

By Nelson Spencer Jr. and Shelley Byrne With a strong balance sheet and a focus on investing in its future, American Commercial Barge Line (ACBL) has emerged from its pre-packaged… Read More

Orion Group Holdings Inc., a leading specialty construction company, had net income of $11.8 million, or $0.39 diluted earnings per share, for the third quarter, the company announced October 28. The numbers… Read More

Reduced demand from the ongoing COVID-19 restrictions combined with hurricanes to drop barge utilization rates and lower inland revenues by 22 percent, Kirby Corporation announced as it released its third-quarter… Read More