KEX 📈 Kirby - Overview

Kirby Corporation is a leading provider of marine transportation services, operating a fleet of domestic tank barges and towing vessels throughout the United States. The company's Marine Transportation segment offers a range of services, including the transportation of bulk liquid products, such as petrochemicals, black oils, and refined petroleum products, as well as agricultural chemicals. Its operations span the Mississippi River System, the Gulf Intracoastal Waterway, and coastwise along the United States' coasts, including Alaska and Hawaii. The company's fleet consists of 1,076 inland tank barges, 281 inland towboats, 28 coastal tank barges, 25 coastal tugboats, and several offshore dry-bulk cargo barges and tugboats.

In addition to its marine transportation services, Kirby Corporation's Distribution and Services segment provides a wide range of products and services, including after-market sales and support for engines, transmissions, and other equipment. The company also rebuilds and remanufactures component parts, such as diesel engines and reduction gears, for use in various industries, including oilfield services, marine, power generation, and on-highway applications. Furthermore, the company rents equipment, including generators, industrial compressors, and high-capacity lift trucks, and manufactures and remanufactures oilfield service equipment, including pressure pumping units and electric power generation equipment. Its customer base is diverse, serving companies, the United States government, and pleasure crafts, among others.

With a history dating back to 1921, Kirby Corporation has established itself as a reputable and reliable player in the marine transportation and distribution services industries. The company, formerly known as Kirby Exploration Company, Inc., changed its name to Kirby Corporation in 1990 and is headquartered in Houston, Texas. Its common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol KEX, and its ISIN is US4972661064. As a leading provider of marine transportation services, Kirby Corporation is classified under the GICS Sub Industry: Marine Transportation, reflecting its focus on this critical sector.