Company Overview

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• Headquartered in Jeffersonville, IN

• Transporting commerce on the inland waterways since 1915

• Approximately 1,600 Transportation Services team members

• Fourth largest inland marine transportation company in the U.S.

– Second largest liquid barge fleet / 343 barges

– Fourth largest dry barge fleet / 1,649 barges

– Third largest boat fleet / 100 boats

• Key transporter in:

– Upriver chemicals trade and Gulf petro trade

– Alumina, cement, grain, steel, and steel inputs

ACL – Company Overview

Source: Criton Corp. Barge Fleet Profile, March 2013

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A Renewed and Reliable ACL Boat and Barge Fleet

• Major fleet investment over the last two years

– Added 39 - 30k tank barges

– Added 21 - 10k / 20k tank barges and 3 pressure barges

– Scrapped over 825 of oldest dry barges

– Upgraded over 35% of boat fleet, improving run-time/fuel efficiency

• 2014 – Access through Jeffboat to build up to 18 - 30K bbl tank barges – Scrapping 59 open hoppers

• ACL Barge Fleet Age Qty Fleet Makeup Covered Dry 13 1,165 847 - Fiber Lift / 313 - Steel Rolls Open Hoppers 10 421 388 - Jumbos / 33 - X-Series Liquid 10K 19 243 Liquid 30K 14 107 77 - 30K / 30 - Midsize

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• Second largest U.S. producer of inland barges U.S. and largest

single site located on the Ohio River in Jeffersonville, IN

• Approximately 750 - 800 team members

• Production flexibility – liquid tank barges, dry hopper barges, deck

barges, oceangoing vessels, dry docks and towboats

• Production capacity – four active lines (three shifts)

• Allows ACL flexibility in executing fleet investment strategy

ACL Confidential

Jeffboat – ACL’s Manufacturing Division

6 ACL Confidential

ACL Adds Value

• The most economical, safest, and most environmentally friendly transportation

solutions

• Industry leader in safety performance

• Recognized for safety and environmental performance

— American Chemistry Council’s Responsible Care ® Partnership Program

— Certified by American Waterways Operators’ Responsible Carrier Program

— Indiana Department of Environmental Management Governor’s Award

— The William M. Benkert Marine Environmental Protection Award

— Advocate member of Kentucky’s EXCEL program

— Member of Indiana Partners for Pollution Prevention

— Member of Louisiana Environmental Leadership Program

— Jones F. Devlin Safety Achievement Awards

— Chamber of Shipping’s Environmental Achievement Awards

Inland Barge Industry

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Inland Waterways System

The U.S.

Inland Waterways - nearly 12,000 Miles of waterways and 240 Lock Sites Connecting 38 States

Over 90 Million People Live within 100 Miles of the Mississippi River, Ohio River, and Gulf Intracoastal Waterways.

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More than One Tenth of U.S. Tonnage Moves by Water

Source: The Freedonia Group

Truck 60% Railroad

17%

Pipeline 9%

Air 8%

Water 6%

$318 Billion Transportation Market

Truck 30%

Railroad 40%

Pipeline 19%

Air <1% Water

11%

4.2 Trillion Domestic Ton Miles

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• Operates nearly 4,000 towboats and over 27,000 barges on more

than 12,000 miles of inland waterways

• Contributes over $5 billion to the U.S. economy annually

• Employs more than 30,000 Americans on vessels

• Moves one-sixth of annual U.S. freight tonnage

• Transports 20% of the nation’s coal and 60% of all U.S. grain exports

• Carries more than 22% of domestic petroleum and petroleum

products

Inland Barging Contributes Significantly to the National Economy

ACL Confidential

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Barge transportation generates fewer emissions than railroads or trucks per ton-mile in the four standards tracked by the EPA:

PM 0.011164 HC 0.01737 CO 0.04621 NOx 0.46907

PM 0.01621 HC 0.02423 CO 0.06445 NOx 0.65423

PM 0.018 HC 0.020 CO 0.136 NOx 0.732

• Particulate matter (PM)

• Hydrocarbons (HC)

• Carbon monoxide (CO)

• Nitrogen oxides (NOx)

Grams per Ton-miles

Barges – The Cleanest Mode of Transportation

Source: Texas Transportation Institute – 2008 National Waterways Foundation

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Fatalities Injuries

Rate of Spills in Gallons per Million Ton-miles

Spills of More Than

1000 Gallons

Barge transportation has significantly fewer fatalities, injuries and spills than railroads or trucks.

Source: Texas Transportation Institute – 2008 National Waterways Foundation

Ratio of Fatalities and Injuries per Billion Ton Miles

Barges – The Safest Mode of Transportation

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Barge transportation is the

most energy-efficient choice.

Barges can move one ton of

cargo 576 miles per gallon of

fuel – that’s 163 miles further

than railcars and 421 miles

further than trucks.

Ton-miles Traveled per Gallon of Fuel

576

413

155

Source: Texas Transportation Institute – 2008 National Waterways Foundation

Barges – The Most Efficient Mode of Transportation

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One Barge Tow Carries the Loads of Hundreds of Railcars or over a Thousand Trucks

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The Incredible Efficiency of Barges

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Inland Waterways Are the Transportation Solution for the Future.

• Barges on the inland waterways carry the equivalent

of 58 million truck trips per year with capacity to spare

• The U.S. inland waterways system is estimated to have

60 percent available capacity

• If waterborne cargo was diverted to the highways or

the railroads,

– Truck traffic would double on the interstates

– Railroad tonnage would increase 25 percent

Source: Texas Transportation Institute – 2008 National Waterways Foundation

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Barge Industry’s Impact on Ohio

Source: Texas Transportation Institute – 2008 National Waterways Foundation

Jeffery Carman

Regional Sales Director

Jeffery.carman@aclines.com