American Commercial Lines Inc. (1324479) SEC Filing 10-K Annual report for the fiscal year ending Sunday, December 31, 2006

Exhibit 99.1

American Commercial Lines Announces Record Fourth Quarter and Year End Results and Declares a Two-for-One Stock Split

JEFFERSONVILLE, Ind., Feb. 6, 2007 — American Commercial Lines Inc. (NASDAQ: ACLI) (“ACL” or the “Company”) today announced results for the fourth quarter and year ended December 31, 2006.

Revenues for the quarter were $265.9 million, an 18% increase compared with $225.6 million for the fourth quarter of 2005. Net income for the quarter was $35.0 million or $0.56 per diluted share (all per share data has been adjusted for the post-split share count), a 307% increase compared to $8.6 million or $0.14 per diluted share for the fourth quarter of 2005. Results for the fourth quarter of 2006 included a gain of $4.8 million (net of tax) or $0.08 per diluted share on the sale of the Company’s Venezuelan operations and a charge for the early retirement of debt of $0.9 million (net of tax) or $0.01 per diluted share related to the redemption of $10 million in face value of its 9 ¹/2% Senior Notes. Results for the fourth quarter of 2005 included charges for the early retirement of debt of $7.3 million (net of tax) or $0.12 per diluted share.

Revenues for the full year 2006 were $942.6 million, a 32% increase compared with the $714.9 million for the full year of 2005. Net income for the full year was $92.3 million or $1.47 per diluted share, a 681% increase compared to net income for the full year of 2005 of $11.8 million, or $0.24 per diluted share.

Mark R. Holden, President and Chief Executive Officer, stated: “This was a very good year for ACL. Revenues exceeded the Company’s previous record high by 20% while EBITDA surpassed the previous record by 56%. Equally as important, our shareholders had a very good year as ACL stock increased in value by 116%, ranking it among the top 3% of approximately 5,100 companies that were listed on the NYSE and NASDAQ throughout 2006. Our employees also participated in the success of the Company as our annual cash bonus award totaled approximately $17 million, a 52% increase over the award for 2005. While we are pleased with our accomplishments during 2006, we are now positioned for the next phase of our strategy, growth. We have now begun to plot a course of organic growth as well as strategic moves to grow inorganically. Our strategic course has been developed over the past two years and is one in which we have been investing. It is now time to execute the balance of our strategy.”

The transportation segment’s revenues increased 26% over the prior year to $216.8 million in the fourth quarter, driven by average fuel neutral rate increases of 15% on the dry freight business and 11% on the liquid freight business compared to the fourth quarter of 2005. For the full year revenues increased 33% over the prior year to $781.3 million. Fuel neutral freight rates for the full year were up, on average, 24% and 12% respectively on the dry and liquid businesses. Additionally, the Company renewed $140 million of contracts that matured during 2006 for the benefit of 2007 and beyond at an average rate increase in excess of 20%. Increased revenues were also driven by year-over-year volume gains. In the fourth quarter, ACL moved approximately 11.4 billion ton-miles compared to 10.7 billion ton-miles in the same period of the prior year, an increase of 7.1% with 3% fewer barges. For the full year, ACL moved approximately 45.1 billion ton-miles of cargo compared to 42.7 billion ton-miles transported in 2005, an increase of 5.5% with 4% fewer barges.