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68 Maritime Reporter & Engineering News ? SEPTEMBER 2013 The Workboat Edition ? KirbyNo Ordinary Joe When Joseph H. Pyne joined Dixie Carriers in 1978, little did he know the maritime juggernaut he would help to create. When he took over as president in 1984, the com- pany owned about 20 boats and 50 barges, with a value of about $35m. Today, after nearly 30 years, 50 acquisitions, it has a market cap well in excess of $4B, and its ß eet hovers around 350 boats and 950 barges, commanding approximately 35% of the U.S. market. Joseph H. Pyne, 65, recently spent some time with Maritime Reporter & En- gineering News in his beloved Maine to re ß ect on the evolution and future direction of Kirby Corporation.by Greg Trauthwein, Editor MR #9 (66-73).indd 68MR #9 (66-73).indd 689/6/2013 8:57:10 AM9/6/2013 8:57:10 AM
