Market Research Logo

United States Freight Transport and Shipping Report Q2 2016

United States Freight Transport and Shipping Report Q2 2016

BMI View: We expect healthy growth across all freight modes in 2016, supported by positive GDP ratesand improvement in private consumption, as well higher demand from main trade partners. Lower oilprices translating to lower fuel prices are increasing disposable income and consequently domesticconsumption. This increase in consumer demand for imported goods will benefit both road and air freightwhile rail freight continues to accommodate high volumes of agricultural exports, oil transport and otherheavy industry outputs. The US largest container port, Los Angeles, will recover from last year's negativegrowth with serious labour disputes leading to congestion resolved.

Key Updates And Forecasts

An agreement was reached in January 2016 to increase freedom in trade of goods and services betweenthe US and Cuba that will act as a boost to volumes traded and freight modes, particularly air andshipping.

Following a decision by the US Department of Transport in February 2016, the US-Mexico freight zoneswere expanded to the benefit of road freight that now have more access points.

Los Angeles and Long Beach ports are undergoing upgrades mainly focused on the ability to handlemegaships from Asian trade partners. This includes additional cranes and facility modifications while atthe port of Long Beach the issue of congestion is also addressed with an automated facility separatingtrucking and vessel operations under construction.

We forecast total road freight volumes will rise by 6.3% y-o-y over 2016 to reach 151.8bn tonnes.

We forecast total rail freight volumes will rise by 3.8% y-o-y over 2016 to reach 1.9bn tonnes.

We forecast total air freight volumes will rise by 3.4% y-o-y over 2016 to reach 10.1mn tonnes.

We forecast total inland waterway freight volumes will rise by 2.8% y-o-y over 2016 to reach 0.63bntonnes.

Port of Los Angeles container traffic will increase by 2.6% to 8.32mn TEUs.

Top trade partners will be the Canada, Mexico, China, Japan and Germany.


BMI Industry View
Table: Trade Overview (United States 2013-2020)
SWOT
Freight Transport & Shipping SWOT
Industry Forecast
Trade Forecast
Table: Trade Overview (United States 2013-2020)
Table: Key Trade Indicators (United States 2013-2020)
Table: Main Import Partners
Table: Main Export Partners
Road Freight Forecast
Table: Road Freight (United States 2013-2020)
Rail Freight Forecast
Table: Rail Freight (United States 2013-2020)
Air Freight Forecast
Table: Air Freight (United States 2013-2020)
Shipping Forecast
Inland Waterways
Table: Inland Waterway Freight (United States 2013-2020)
Ocean Shipping
Table: Major Ports Data (United States 2014-2020)
Market Overview
Company Profile
CSX
Norfolk Southern Corporation (Norfolk Southern)
Burlington Northern Santa Fe Railway
UPS
YRC Worldwide
Delta Cargo
Demographic Forecast
Table: Population Headline Indicators (United States 1990-2025)
Table: Key Population Ratios (United States 1990-2025)
Table: Urban/Rural Population & Life Expectancy (United States 1990-2025)
Table: Population By Age Group (United States 1990-2025)
Table: Population By Age Group % (United States 1990-2025)
Methodology
Industry Forecast Methodology
Sector-Specific Methodology
Sources

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report