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Inland Water Transportation in the US - Industry Market Research Report

  • January 2016
  • -
  • Ibisworld
  • -
  • 37 pages

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Tepid waters: Revenue is expected to increase, but poor infrastructure threatens industry growth



Abstract

Inland Water Transportation in the US

In the five years to 2015, the Inland Water Transportation industry sailed out of shallow water, as it recovered from the recession amid stagnant overall freight volume and detrimental weather events. The surge in US oil and gas production caused demand for the industry's tanker services to spike, aiding industry revenue growth. In the five years to 2020, the industry will finally reach its prerecessionary levels. Increasing economic activity, combined with growth in key downstream markets, will push up the volume of freight transported via inland and costal waterways. As a result, demand for industry services will rise, supporting revenue growth. However, the poor state of the United States' inland waterway infrastructure and strong competition from other modes of transportation will temper growth.

This industry comprises establishments that provide inland water transportation for passengers and cargo on lakes, rivers and intracoastal waterways (except on the Great Lakes system).

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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