摘要: |
After posting a small loss in April, the WorkBoat Index rebounded in May, increasing 3% or 94 points. Winners topped losers 18-7. Kirby Corp. posted a small gain during the month, despite reporting a $3.4 million net loss during the first quarter. The Houston-based tank barge operator cited the severe winter storm that hit the Gulf region in February and a pandemic-related drop in demand for barging services. Now, however, Kirby's various business lines are seeing higher activity levels and market conditions that continue to improve. David Grzebinski, Kirby's president and CEO, said the first-quarter loss wasn't a surprise but he believes "the second quarter will show a modest improvement as activity continues to build and we are optimistic there will be a meaningful improvement in pricing and utilization levels in the second half of the year." |