# Seaport: barge rates remain weak for Kirby

> 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.

- Date: 2017-01-10 · published 2017-01-10T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/73170-seaport-barge-rates-remain-weak-for-kirby
- Commodities: [Barge Freight (St. Louis)](https://feedsoft.ai/c/BARGE.md)

## Why it matters

Persistent barge oversupply keeps inland freight costs low, which supports grain shipping economics but reflects weak demand for barge capacity.

## Read by commodity

- BARGE: bearish ▼

## Sources

- tradewindsnews.com: https://www.tradewindsnews.com/offshore/seaport-barge-rates-remain-weak-for-kirby/1-1-1205470

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.