Barge Transportation Market in the US 2017-2021 - Product Image

Barge Transportation Market in the US 2017-2021

  • ID: 3987858
  • Report
  • Region: United States
  • 60 pages
  • TechNavio
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FEATURED COMPANIES

  • ACBL
  • Argosy Transportation
  • Blessey Marine Services
  • Campbell Transportation
  • Ceres Barge Lines
  • Ingram Marine
  • MORE
About Barge Transportation

The inland waterway transportation system in the US is one of the world’s most efficient transportation systems with a network of interconnected rivers and canals. Over 1 billion short tons of cargo are moved annually, which makes it a vital part of the US cargo transportation system. Barge transportation is the most efficient and safest means of transporting bulk commodities when compared to railroads and trucks. A barge is a flat-bottomed boat used to transport dry and liquid-bulk cargo through inland waterways. The capacity of barges to carry cargo is greater than rail cars, trucks, and semi-trailers, making it a very cost-effective mode of transportation. The cargo capacity of an average inland tank barge is equivalent to more than 40 railroad tank cars or 140 tractor-trailer tank trucks. Barges are non-mechanical and are propelled using a towboat or any other similar vessel. However, self-propelled barges are also gaining traction in the market.

The analysts forecast the barge transportation market in the US to grow at a CAGR of 1.39% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the barge transportation market in the US for 2017-2021. To calculate the market size, the report considers the volume of trade carried through different types of barges. It presents an in-depth analysis of different types of barges used in the market and products transported in them.

The report, Barge Transportation Market in the US 2017-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ACBL
- Ingram Marine
- Kirby
- SEACOR

Other prominent vendors
- AgriChem Marine Transportation
- Alter Logistics
- Argosy Transportation
- ATS International Services
- Barge America
- Blessey Marine Services
- Bouchard Transportation
- Campbell Transportation
- Canal Barge
- Ceres Barge Lines
- Heartland Barge
- McAllister Towing and
- Transportation

Market drivers
- Growth in US petrochemical industry
- For a full, detailed list, view the full report

Market challenges
- Capital-intensive business and high cost of maintenance
- For a full, detailed list, view the full report

Market trends
- Construction of new tank barges and tugboats
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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FEATURED COMPANIES

  • ACBL
  • Argosy Transportation
  • Blessey Marine Services
  • Campbell Transportation
  • Ceres Barge Lines
  • Ingram Marine
  • MORE
Part 01: Executive summary

Part 02: Scope of the report
  • Market overview
  • Major vendor service offerings
Part 03: Market research methodology
  • Research methodology
  • Economic indicators
Part 04: Introduction

Part 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
Part 06: Market segmentation by type of barge fleet
  • Barge transportation market in US by type of barge fleet
  • Dry cargo barge market in US
  • Liquid cargo barge market in US
Part 07: Market segmentation by products transported
  • Market overview
  • Barge transportation market in US by products transported
Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape
  • Competitive scenario
Part 14: Key vendor analysis
  • ACBL
  • Ingram Marine Group
  • Kirby
  • SEACOR
  • Other prominent vendors
Part 15: Appendix
  • List of abbreviations
Part 16: About the Author

List of Exhibits
Exhibit 01: Service offerings
Exhibit 02: Barge statistics 2015
Exhibit 03: Barge transportation market in US 2016-2021 (million tons)
Exhibit 04: Five forces analysis
Exhibit 05: Barge transportation market in US by type of barge fleet
Exhibit 06: Barge transportation market in US by type of barge fleet 2016 (volume %)
Exhibit 07: Barge transportation market in US by type of barge fleet 2016-2021 (million tons)
Exhibit 08: Dry cargo barge market in US 2016-2021 (million tons)
Exhibit 09: Key commodities transported by dry cargo barges (% share)
Exhibit 10: Liquid cargo barge market in US 2016-2021 (million tons)
Exhibit 11: Key commodities transported by liquid cargo barges (% share)
Exhibit 12: Products transported through barge vessels
Exhibit 13: Barge transportation market in US by products transported 2016 (volume %)
Exhibit 14: Impact of drivers
Exhibit 15: Natural calamities in North Americas 2010-2016
Exhibit 16: Impact of drivers and challenges
Exhibit 17: Global crude oil price 2007-2016 ($/bbl)
Exhibit 18: Comparison of profits of different countries and crude oil prices (in $/bbl. of crude oil)
Exhibit 19: ACBL: Business segmentation
Exhibit 20: Ingram Marine Group: Business segmentation
Exhibit 21: Ingram Marine Group: Service locations
Exhibit 22: Kirby: Business segmentation by revenue 2015 (% share)
Exhibit 23: Kirby: Business segmentation by revenue 2015 and 2014 ($ millions)
Exhibit 24: Kirby: Geographical presence
Exhibit 25: SEACOR: Business segmentation by revenue 2015 (% share)
Exhibit 26: SEACOR: Geographical segmentation by revenue
Exhibit 27: Key equipment and vessels portfolio as of December 2014
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FEATURED COMPANIES

  • ACBL
  • Argosy Transportation
  • Blessey Marine Services
  • Campbell Transportation
  • Ceres Barge Lines
  • Ingram Marine
  • MORE
New Report Released: – Barge Transportation Market in the US 2017-2021

The author of the report recognizes the following companies as the key players in the barge transportation market in the US: ACBL, Ingram Marine, Kirby, and SEACOR

Other Prominent Vendors in the market are: AgriChem Marine Transportation, Alter Logistics, Argosy Transportation, ATS International Services, Barge America, Blessey Marine Services, Bouchard Transportation, Campbell Transportation, Canal Barge, Ceres Barge Lines, Heartland Barge, and McAllister Towing and Transportation

Commenting on the report, an analyst from the research team said: “One of the new trends in the barge transportation market in the US is the construction of new tank barges with more storage capacity. The increase in demand for crude oil in the US boosts the demand for the usage of tank barges through inland waterway transportation. Many vendors in the market have started to provide shipping services for transportation of liquid-bulk cargo. For instance, in FY2014, the US-based barge transportation company, Kirby, reported an expenditure of $135 million for the construction of 66 inland tank barges and one inland towboat. In addition, barge operators in the US took delivery of 336 tank barges with an aggregate capacity of 8.21 million barrels in FY2012. Thus, increased adoption of tank barges among vendors will fuel the growth of the market during the forecast period.”

According to the report, the barge transportation market in the country is expected to benefit from the incremental demand for petrochemical shipments in the domestic market of the US. The use of marine transportation by the petroleum and petrochemical industry is one of the major reasons for establishing the US-refineries and petrochemical facilities along the navigable inland waterways. Texas and Louisiana account for approximately 80% of the US production of petrochemicals. Most of the US farm belt have access to the inland waterway system for the transportation of farm products, including agricultural chemicals through the marine system, including barges.

Further, the report states that manufacturing of barges is a time-consuming and capital-intensive process because of the high cost of raw materials. Barge line operators and owners require huge investments and infrastructure to build and maintain a barge fleet. The Jones Act further impacts the cost of barges and keeps the prices artificially high in the US when compared to the barges worldwide. The purchase price for the US-built barges is about four times the price of foreign-built barges. The maintenance cost for barge fleets is also high for regular activities that include upgrading, cleaning, and wages of the crew maintaining the barges. In addition, the docking charges need to be paid even when they are not in operation. All these factors adversely affect the barge transportation market in the US.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • ACBL
  • Ingram Marine
  • Kirby
  • SEACOR
  • AgriChem Marine Transportation
  • Alter Logistics
  • Argosy Transportation
  • ATS International Services
  • Barge America
  • Blessey Marine Services
  • Bouchard Transportation
  • Campbell Transportation
  • Canal Barge
  • Ceres Barge Lines
  • Heartland Barge
  • McAllister Towing and Transportation
Note: Product cover images may vary from those shown
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