Market Research Logo

Coastal & Great Lakes Freight Transportation

Coastal & Great Lakes Freight Transportation

Brief Excerpt from Industry Overview Chapter:

Companies in this industry transport cargo in US coastal waters, on the Great Lakes System, or between ports of the US mainland, Puerto Rico, and US island possessions. Major companies include Kirby, Matson, American Steamship Company, and Rand Logistics.

COMPETITIVE LANDSCAPE

Demand is driven primarily by demand from manufacturers for commodities such as coal, crude oil, grain, iron ore, refined petroleum products, and scrap metal. The profitability of individual companies depends on efficient operations and a good safety record. Large companies have advantages in handling a broad range of cargo and diversifying freight and logistics operations. Small companies can compete effectively by transporting unusual cargo and offering excellent customer service. The US industry is highly concentrated: the 50 largest companies account for about 90% of industry revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major services include the transportation of bulk liquids and gases, box and pallet freight, dry bulk, automobiles, and waste. Combined, these segments account for about 80% of industry revenue.


Industry Overview
Quarterly Industry Update
Business Challenges
Business Trends
Industry Opportunities
Call Preparation Questions
Financial Information
Industry Forecast
Web Links and Acronyms

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