American Commercial Lines nets $4.77 million for November

By Jeff Pines

Washington, Dec. 30 - American Commercial Lines LLC earned $4.77 million in November compared with $5.2 million in October.

The company filed its monthly operating report with the U.S. Bankruptcy Court for the Southern District of Indiana Monday.

Revenues for November were $55.95 million compared with $62.84 million in October.

Operating income was $9.3 million compared with October's $10.32 million.

Cash and cash equivalents on Nov. 26 totaled $28.62 million compared with $29.48 million on Oct. 29.

All figures include American Commercial Lines units that are not in bankruptcy.

American Commercial Lines filed for bankruptcy on Jan. 31, 2003. Its Chapter 11 case number is 03-90305.

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