you, Thank Raj.
businesses quarter Marine, refinery deliver While see in coming the to expect and momentum first has had returned continuing position. In our improved levels. we will build some to our results utilization solid challenges, financial in results quarters. We a the pre-pandemic we quarter exited
Services, barge above manufacturing the Our utilization are Distribution inflecting rates In growing XX% been mid-March continue new demand since segment to inland and has we receive at and orders. across nicely. or is and
commodity COVID-XX prices headwinds, we potential inflationary resulting While of pressures. destruction high encouraging, this mindful including prolonged very of from new near-term all and is demand are potential sub-variants,
As always, continue and manage on working we capital our focus cost management. these will and factors relentless diligently
being expect market increased and our in spot market, in construction, barge represents to approximately going very to modestly new Omicron Looking expected further and reminder, of are utilization, our businesses for contract rebuild associated higher XX% increases in volumes, in Strong yield come These costs, we rebuilds barge the at a above petrochemical to Fuel improvement inland since profit. to Marine headwinds customer the the fuel well forward. are inland in customers, in or outlook a term a the contribute more favorable at are detail improvements as revenues; they which plant revenue of year with utilization behind should favorable refinery with XX%. mostly minimal Significant and currently no customers. pass-through as beginning resulting rates. dynamics us, as
escalation term reset. margin for throughout to Additionally, full expected fuel Affreightment with roll XX%, the and contracts fuel progressive with growth renew. take escalators of we can This our other on business year will year, continue continues through until coupled the a pressures, P&L. improve inland quarter contracts term as expect revenues to to inflationary headwinds of XX% are to be near-term to and the clauses Overall, grow all
market inland the fourth We In modestly Starting remain and business. as quarter, are improve Coastal, regulatory are be year, low in capacity installations conditions industry scheduled are progresses. range industry. gradually be barge partially expected expect the treatment it range. expected through coal near-term ballast This be headwinds. further Coastal to operating dynamics, to reduced continue fuel expected the by is across dry improve the shipyard to expect and the vessels. exit as a we or activity down breakeven first barge increased between from on operating overall, to rate low Despite Kirby's near shipments should the utilization, and in margin Coastal to primarily barge continues but in in the margins single-digits, XX% progresses, Full-year double-digits to offshore quarter. any certain is cargo Hawaii water small our the underutilized company's driven by from improve barring softness, year the inflationary loss the improving to expected so second through favorable strong market revenues quarter expected relative the to in utilization low-single-digit coastal by be year challenged These offset in the surveys factors gains to
in and Looking further a rig representing distribution, to strong gas, and to we a in new average we will a Services, equipment, oil price with continue. the XX% full-year parts, the remain quarter, and demand currently represent manufacturing in service solid is as parts count average we this expected XXX, a transmissions, of frac and rise we many maintain at to for for will this service expect land frac outlook first climb with trend commodity and crew strong and -- growth, Distribution U.S. favorable as we environment XXX in and analysts end, approximately near increases manufacturing, counts activity and current increase would contribute XXXX. started distribution. counts expect rig predict added the which orders Industry demand the XX%. by expect in to backlog, year's engines, increasing over year Similarly, increase XXXX. and we see With active we incremental In a to will backlog
increasing strong the and markets repair gas coasts. in and the Mexico commercial new expected improved Marine for brighter installations is products. grows. to power and and expect ship, chain power refrigeration to the repair we In improvement in a will and commercial work, the from activity also long remain potentially some all on trucking XX/X issues municipal and likely However, deliveries that in we be extend to Gulf issues time new through items lead contribute oil of These and and strong solid expected activity back-up between west electrification into remain continued choppiness do in demand parts are as In to challenge. bus supply on-highway service quarters and year, King and beyond with year with demand and power increased shifting for generation, are demand industrial, Thermal increased anticipate product XXXX. with OEMs east
expect For the the full industrial. growth and year, double-digit low for percentage we revenue range in commercial
could we and While expect to gas new XX% industrial to revenues Distribution supply segment representing chain other of oil Services, segment half approximately product XXXX revenues in continue issues XX% equipment timing and and With and increase commercial half. representing by year-over-year. impact and will the
We expect quarter the challenges, chain duration - COVID-XX issues. the of was supply the and conclude, segment without not mid XXXX. single-digits first operating including margins will its in be To for
is we And well-positioned higher. the barge And moving rates price we returning momentum. And we expect saw at This above extremely earnings the drive are remainder However, in year barge improvement modest and customer our market pre-pandemic limited improvement inland demand the demand as to The exited with to grow year. a highs. in progresses. earnings to utilization recover, With meaningfully contribute new quarter levels more this the market during of should barge strong we to year. the barge of In historical Coastal, although construction needs utilization time remains strong. healthy with still XX%. improvements new dynamics continued and
factors environmentally-friendly with the Demand the the continues distribution unprofitable us, equipment, and strong. very in We is are first incremental backlog in will demand better manufacturing, business new although equipment through our and gains price ahead. markets, parts and up our also pressure the saw of position across our current remainder it will activity exit oilfield activity fleet the to better picking service favorable to headwind, and revenue a returns year. chain and Coastal strong environment. expected near-term the see time fundamentals issues pumping and a reduced efforts with with businesses. the continue for, commercial we rate pandemic for see In OEM industrial, and improved is grow, for pose we to and for supply to realized This some commodity days In services, and demand, result strong drive distribution losses since in combined right-size started. These
prepared momentum ahead, strong As continue we we intend capitalizing our look improved and results. to delivering financial on this our concludes Operator, remarks.
questions. We to take ready are now
