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Port & Harbor Operations in the US
IBISWorld, Aug 2011, Pages: 38
Sea level: International trade will expand, causing revenue to increase modestly
Port & Harbor Operations in the US
Regaining its sea legs
After weak trade conditions and low shipments affected the industry during the recession, operators will benefit from a rise in overall trade and improved spending. As the economy improves, major ports are set to expand, increasing profitability and supporting industry growth. Exports to Asia will also rise, boosting overall revenue.
Firms in this industry operate ports, harbors (including docking and pier facilities) or canals. Main activities include loading and unloading cargo containers from ships, operating lighthouses, arranging paperwork for incoming shipments to meet customs requirements, operating a computer system to connect cargo with recipients, and transferring cargo onto trucks and trains.
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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