The National Coast Guard Museum Association will host a virtual panel discussion May 13 titled “Stories That Matter: Keeping Commerce Flowing Year-Round Through Changing Conditions on Inland Waterways.” The event… Read More
Kirby Corporation
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
By Nelson Spencer Jr. and Shelley Byrne With a strong balance sheet and a focus on investing in its future, American Commercial Barge Line (ACBL) has emerged from its pre-packaged… Read More
Reduced demand from the ongoing COVID-19 restrictions combined with hurricanes to drop barge utilization rates and lower inland revenues by 22 percent, Kirby Corporation announced as it released its third-quarter… Read More
Kirby Corporation announced July 30 that its net earnings for the second quarter were $25 million, or 42 cents per share, a sharp reduction from the $47.3 million (79 cents… Read More
The venerable Daytona, a fixture in the liquid trade for most of its 46-year history, is entering a new chapter in its life as the Stacy Lynn upon joining the… Read More
In its first-quarter earnings report May 5, Kirby Corporation reported that its marine transportation segment overcame unfavorable operating conditions and a near-record number of delay days to generate higher revenues… Read More
Kirby Corporation’s reported first-quarter results were just beginning to show the effects of COVID-19 on its operations. Despite 4,490 delay days, average barge utilization remained in the low- to mid-90… Read More
Kirby Corporation announced April 2 that it has completed the acquisition of Savage Inland Marine’s inland barge fleet, announced January 30. The total consideration paid was approximately $278 million and… Read More
All six barges that were blown ashore by Hurricane Harvey 30 months ago have been removed from San Jose Island, a barrier island and wildlife refuge off the Texas coast,… Read More
