Press release content from Globe Newswire. The AP news staff was not involved in its creation. Kirby Corporation Announces 2021 First Quarter Results Kirby CorporationApril 29, 2021 GMT First quarter 2021 loss per share of ($0.06) including approximately ($0.09) per share impact related to Winter Storm Uri
Inland marine business adversely impacted by low pricing, reduced volumes related to Winter Storm Uri, and poor operating conditions
Inland marine barge utilization recently recovered to the low to mid-80% range with expectations for continued improvement, particularly in the second half of the year
Distribution and services segment had sequential revenue growth and positive operating margin with expectations for continued improvement in the second quarter