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Ticker: KEX
Exchange: NYSE
Sector: Transportation
Industry: Water Transportation
Kirby Corporation is a marine transportation and diesel engine services company. The Company, through its subsidiaries, conducts operations in two business segments: marine transportation and diesel engine services. The Company’s marine transportation segment is engaged in the inland transportation of petrochemicals, black oil products, refined petroleum products and agricultural chemicals by tank barges, and, to a lesser extent, the offshore transportation of dry-bulk cargoes by barge. The Company’s diesel engine services segment is engaged in the overhaul and repair of medium-speed and high-speed diesel engines and reduction gears, and related parts sales. On March 18, 2008, the Company purchased six inland tank barges from OFS Marine One, Inc. (ORIX). On June 30, 2008, the Company purchased substantially all of the assets of Lake Charles Diesel, Inc. (Lake Charles Diesel).