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KEX Stock - Kirby Corp.


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Kirby Corporation is a prominent operator of domestic tank barges across the United States, renowned for its comprehensive marine transportation services. The company's Marine Transportation segment specializes in towing vessels and transporting bulk liquid products via tank barges. Kirby Corporation's extensive operations span the Mississippi River System, the Gulf Intracoastal Waterway, and coastwise routes along all three United States coasts, including Alaska and Hawaii. Additionally, the company facilitates the transportation of pettrochemicals, black oil, refined petroleum products, and agricultural chemicals, utilizing a robust fleet of inland and coastal vessels.

irby Corporation owned and operated a diverse fleet that included 1,025 inland tank barges, approximately 255 inland towboats, 31 coastal tank barges, 29 coastal tugboats, 4 offshore dry-bulk cargo barges, 4 offshore tugboats, and 1 docking tugboat. The company's Distribution and Services segment complements its marine operations by providing after-market services and genuine replacement parts for engines, transmissions, electric motors, and related equipment. Additionally, Kirby offers rental services for industrial equipment such as generators, compressors, high-capacity lift trucks, and refrigeration trailers. The segment also manufactures and remanufactures oilfield service equipment, including pressure pumping units, as well as electric power generation equipment and specialized electrical distribution systems.

Founded in 1921 and headquartered in Houston, Texas, Kirby Corporation originally operated under the name Kirby Exploration Company, Inc. before rebranding in 1990. The company serves a wide range of industrial sectors and government entities, maintaining a steadfast commitment to operational excellence, customer service, and safety across its extensive marine and industrial service offerings. Kirby Corporation continues to evolve and innovate in the transportation and industrial sectors, driven by a rich legacy of leadership and expertise in maritime logistics and industrial solutions.

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Stock Sector: Transportation: Shipping

 

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