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Inland Water Transportation in the US - Industry Market Research Report

  • July 2017
  • 37 pages
  • Ibisworld
Report ID: 198957

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

Abstract

Inland Water Transportation in the US



Over the past five years, the Inland Water Transportation industry has experienced significant volatility as stagnant overall freight volume and multiple natural disasters have stifled the industry’s growth. At the same time, an early boom in US oil and natural gas production, combined with climbing refined petroleum product output, caused demand for liquid bulk transportation to surge during the first half of the five-year period.

However, recent plunges in the world price of crude oil have severely constrained demand for industry services, while also limiting the ability of operators to generate revenue through fuel surcharges. Moving forward, industry growth will be driven by a combination of US economic expansion, rising exports and increased demand from downstream oil-related industries. At the same time, rising fuel prices will enable industry operators to earn revenue through fuel surcharges.

This industry comprises establishments primarily engaged in providing waterborne transportation of cargo and passengers along the nation’s lakes, rivers and other inland waterways.

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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