Kirby Corporation - Introduction

Introduction

55 Waugh Drive, Suite 1000
Houston, Texas 77007
U.S.A.
Telephone: (713) 435-1000
Fax: (713) 435-1010
Web site: http://www.kmtc.com

Public Company
Incorporated: 1969 as Kirby Jamaica, Inc.
Employees: 2,425
Sales: $613.5million (2003)
Stock Exchanges: New York
Ticker Symbol: KEX
NAIC: 483113 Coastal and Great Lakes Freight Transportation; 483221 Inland Water Freight Transportation

As the largest inland barge operator in the United States, Kirby Corporation and subsidiary Kirby Inland Marine LP oversee a fleet of approximately 900 active tank barges. The company transports petrochemicals and pressurized products, along with refined petroleum, black oil, and agricultural chemicals throughout the Mississippi River System and the Gulf Intercoastal Waterway. Kirby's liquid cargo capacity stands at nearly 16.2 million barrels and the company has 230 active inland tugboats. Subsidiary Kirby Engine Systems provides overhaul and other related services and also sells diesel engine parts. Kirby began focusing aggressively on its inland tank barge and diesel engine services businesses in 1997. It sold off its offshore tank barges and ships, harbor tugs, and its stake in Universal Insurance Company the following year.