GATX fleet gains some steam: American Steamship buys Oglebay freighters. From: Chicago Tribune (Chicago, IL) | Date: June 7, 2006 | COPYRIGHT 2006 Chicago Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Byline: James P. Miller

Jun. 7--GATX Corp.'s American Steamship Co. subsidiary paid $120 million Tuesday to acquire six Great Lakes freighters from Oglebay Norton Co., boosting its fleet of U.S.-flagged "lakers" to an industry leading 18 vessels. Cleveland-based Oglebay, which has been operating ships on the lakes for more than eight decades, last year had 11 freighters hauling iron ore, coal and limestone to feed the Midwest's steel mills and power plants. But t...

Related newspaper, magazine, and journal articles from HighBeam Research

	American Steamship acquires six freighters for $120 million. Buffalo News (Buffalo, NY) ; ... shipments were down. To see more of The Buffalo News, N.Y., or to subscribe to the newspaper, go ... buffalonews.com. Copyright (c) 2006, The Buffalo News, N.Y. Distributed by Knight Ridder/Tribune Business News. For reprints, email tmsreprints@permissionsgroup ...
	American Steamship may be expanding fleet. Buffalo News (Buffalo, NY) ; ... than 80,000 tons. To see more of The Buffalo News, N.Y., or to subscribe to the newspaper, go ... buffalonews.com. Copyright (c) 2006, The Buffalo News, N.Y. Distributed by Knight Ridder/Tribune Business News. For information on republishing this content ...
	Famous name sails into Toledo history. Blade (Toledo, OH) ; ... homerbrickey@theblade.com or 419-724-6129. Copyright (c) 2007, The Blade, Toledo, Ohio Distributed by McClatchy-Tribune Business News. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write ...
	Two Great Lakes Ship Operators Plan to Pool Resources. Knight Ridder/Tribune Business News ; By Peter Passi, Duluth News-Tribune, Minn. Knight Ridder/Tribune Business News Jan. 16--Rough sailing on the Great Lakes has two long-ti ... financial strain boat operators are facing these days, news of the alliance came as little surprise to Glen Nekvasil ...
	Cleveland-Based Shipping Firm May Have a Buyer. Detroit Free Press (Detroit, Michigan) (via Knight-Ridder/Tribune Business News) ; ... writer Jeff Bennett contributed to this report. To see more of the Detroit Free Press, or to subscribe to the newspaper, go to http://www.freep.com (c) 2004, Detroit Free Press. Distributed by Knight Ridder/Tribune Business News. TICKER SYMBOL(S): OGLE
	Effort on to buy Oglebay's vessels; Bid could keep marine unit here.(Oglebay Norton Marine Services Co.) Crain's Cleveland Business ; Byline: JEFF STACKLIN A former Oglebay Norton Co. CEO is assembling a group of investors to bid on Oglebay's Marine Services subsidiary in an effort to keep the company's most familiar assets - its ore boats - a part of Cleveland. Tom Green, who was president and CEO of Oglebay Norton from 1992 to
	Cold Weather, Low Water Levels Reduced Great Lakes Shipping in 2000. Knight Ridder/Tribune Business News ; By Matt Glynn, The Buffalo News, N.Y. Knight Ridder/Tribune Business News Feb. 12--The Great Lakes shipping season ended last ... service by 2006 at the latest. To see more of The Buffalo News, N.Y., or to subscribe to the newspaper, go to http ...
	FYI; Never on Friday.(NEWS) Star Tribune (Minneapolis, MN) ; Never bring a cat on board a ship, don't whistle, never leave port on a Friday. Maritime lore is rife with such superstitions, quaint little relics of bygone days. Or are they? The Walter J. McCarthy, a 1,000-foot bulk freighter, was expected to leave the Duluth-Superior harbor Friday evening with
	Low Water Levels in Great Lakes Cause Ships to Lighten Loads.(Knight Ridder/Tribune Business News) Knight Ridder/Tribune Business News ; Jun. 9--Just three years ago, some of the highest water levels this century floated the giant cargo freighters transporting coal, grain and iron ore across the Great Lakes. Ships could be filled to capacity without having to worry about scraping bottom. No longer. Water levels throughout the Great
	Oglebay Norton to be acquired by Carmeuse.(IN THE NEWS) Ceramic Industry ; Carmeuse North America, a wholly owned subsidiary of Carmeuse Group, and Oglebay Norton Co. recently announced that they have entered into a definitive agreement under which Carmeuse will acquire all of the outstanding shares of Oglebay Norton for $36.00 per share in cash. The transaction was

See all results.