SEACOR HOLDINGS ANNOUNCES SALE OF U.S. INLAND RIVER TRANSPORTATION AND LOGISTICS PLATFORM TO INGRAM

SEACOR HOLDINGS ANNOUNCES SALE OF U.S. INLAND RIVER TRANSPORTATION AND LOGISTICS PLATFORM TO INGRAM

SEACOR Holdings Inc. has entered into an agreement to sell Inland River Transport Holdings LLC to Ingram Barge Company LLC. The sale will create a strong foundation for future growth and ensure a smooth transition for employees and customers. SCF currently owns a network of terminals and a fleet of hopper barges and towboats along the Mississippi River. The US inland river system plays a crucial role in the country's economy, transporting millions of tons of goods annually. The sale is subject to regulatory approval and customary closing conditions.

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Frequently Asked Questions

1. What did SEACOR Holdings announce regarding the sale of a U.S. inland river transportation and logistics platform?

SEACOR Holdings announced the sale of their U.S. inland river transportation and logistics platform to Ingram.

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2. Who is acquiring SEACOR Holdings' U.S. inland river transportation and logistics platform?

The U.S. inland river transportation and logistics platform of SEACOR Holdings is being acquired by Ingram.

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3. When was the announcement made by SEACOR Holdings about the sale?

SEACOR Holdings made the announcement about the sale of their U.S. inland river transportation and logistics platform to Ingram on October 24.

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4. How does this sale impact SEACOR Holdings' operations?

The article does not provide specific information on how the sale impacts SEACOR Holdings' operations. It is advisable to consult official statements or additional news sources for more details.