News
Canal Barge, a nearly century-old, family-owned New Orleans business, to be sold to Maryland company
After nearly a century of local ownership, New Orleans-based Canal Barge Company will be acquired later this year by a ...
The Canal Barge acquisition will be structured through a newly formed holding company controlled by Redwood that will also ...
Investment firm Redwood Holdings announced it has agreed to acquire Canal Barge Company Inc., New Orleans. Financial details ...
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 ...
In addition to Canal Barge reporting a revenue increase, Blessey Marine Services Inc. reported a 7% revenue uptick, jumping from $259 million in 2023 to $278 million in 2024. Since 1978, Blessey ...
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