NYSE:KEXShipping
Should Kirby’s Fleet Expansion and Energy Infrastructure Push Require Action From Kirby (KEX) Investors?
Earlier this year, Kirby Corporation expanded its inland marine transportation fleet by acquiring 23 barges and three high-horsepower boats for US$95.8 million, alongside reporting strong operating performance with high fleet utilization and improving contract renewal trends.
The combination of this fleet investment and robust revenue growth in its power generation-focused Distribution and Services business underscores how Kirby is actively reinforcing its core operations while deepening...