towboats

Kirby closes acquisition of Savage inland barge fleet

Houston-headquartered Kirby Corporation (NYSE: KEX) reports that it has completed the acquisition of Savage Inland Marine’s inland barge fleet. The total consideration paid was approximately $278 million and was financed with additional

Canal Barge agrees to buy PBSG towboats

New Orleans headquartered Canal Barge Company reports it has reached agreement with Pine Bluff Sand and Gravel (PBSG) to acquire five of its towboats and to offer employment to its 80 professional