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Analyst commentary says barge operator Kirby's earnings estimates are too high as oversupply in the barge market persists. Rates are described as remaining weak.
Persistent barge oversupply keeps inland freight costs low, which supports grain shipping economics but reflects weak demand for barge capacity.
tradewindsnews.comMichael AngellJan 10, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
