ZIM Integrated vs. Kirby: Which Shipping Stock is a Better Buy?

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Kirby Corporation (KEX) in Houston, Tex., operates a fleet of inland tank barges. The company transports industrial chemicals, refined petroleum products, black oil products, and agricultural chemicals. It also overhauls and services diesel engines employed in marine, power generation, and rail applications.

A near halt in industrial activities amid the COVID-19 pandemic led to a decline in demand for the shipping of bulk goods and commodities. The gradual resumption of industrial activities globally this year has been reviving that demand, however. Furthermore, to remain competitive in this digital era, the industry has been adopting technology solutions for tracking shipments, safe packaging and storage, thus providing an even faster and more efficient service to customers.

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