Antonio Carrillo, president and chief executive officer of Arcosa, believes that the “aging and under-invested” inland barge sector is poised for a major barge-building cycle. “We expect a multi-year building… Read More
earnings
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, on May 4 reported net income of $8.8 million for the first quarter of… Read More
The ongoing effects of the COVID-19 pandemic, which have hit the oil industry especially hard, and the effects of the major winter storm in February combined to hit the earnings… Read More
Kirby Corporation last week announced net earnings for the 2020 fourth quarter of $22.2 million, or $0.37 per share, compared with $2.8 million, or $0.05 per share, for the 2019… Read More
Barge-builder and infrastructure firm Arcosa Inc. reported increased dry barge margins and double-digit growth in revenues in the third quarter but saw a weakness in liquid barge orders, which it… Read More
Kirby Corporation announced January 30 that it had signed a definitive agreement to acquire the inland marine fleet of Savage Inland Marine for approximately $278 million in cash and the… Read More
Barge-maker Arcosa Inc. announced strong second-quarter results on August 2, with revenues increasing 23 percent and net income up 41 percent. Arcosa was spun off from Trinity Industries Inc. last… Read More
Kirby Corporation announced net earnings for the first quarter of $44.3 million, or 74 cents per share, compared with earnings of $32.5 million, or 54 cents per share, for the 2018 first quarter. Excluding certain one-time charges,… Read More
Kirby Corporation on April 25 announced first-quarter earnings of $32.5 million, or $0.54 per share, compared with $27.5 million, or $0.51 per share, for the 2017 first quarter. Consolidated revenues… Read More
Orion Group Holdings Inc. reported net income of $9.5 million for the fourth quarter of 2017; for the same period a year earlier, the company had reported a net loss… Read More