giveans in A Sentence

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Giveans believes the relatively static nature of Kirby's market share over time is intentional.

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Kirby is definitely the big gorilla in the inland barge market,” affirmed Jefferies analyst Randy Giveans.

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Kirby is known for acquiring when markets are tough and people are ready and willing to sell,” said Giveans.

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With the S&S transaction, they were able to build their balance sheet up and do a lot more on the marine side,” Giveans told Marine News.

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If you have 10 barges and want to carry even three or four different commodities, there will be a lot of switching and cleaning required,” said Giveans.

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Giveans explained how Kirby's scale allows it to offer contracts of affreighment(COAs), wherein a certain volume of cargo is agreed to be carried over a specified time frame.

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The average interest rate on Kirby's debt was a mere 3.5% last year, 3% in 2017, and 2.7% in 2016, which Giveans believes is below interest rates being paid by any of its competitors.

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