Investment firm Redwood Holdings announced it has agreed to acquire Canal Barge Company Inc., New Orleans. Financial details were not disclosed. Redwood, which describes itself as ...

After nearly a century of local ownership, New Orleans-based Canal Barge Company will be acquired later this year by a Maryland-based company.

Canal Barge has grown from a single barge in 1933 to now a fleet of over 900 tank, hopper, and deck barges, 50 towboats, a state-of-the-art liquid bulk terminal, and the largest independent towing and ...