
Water Transportation Services
Description
Brief Excerpt from Industry Overview Chapter:
Companies in this industry provide inland, coastal, and deep sea transportation of freight and passengers. Major companies include Carnival and Kirby Inland Marine (both located in the US); as well as Mærsk (Denmark); COSCO (China); and Hapag-Lloyd (Germany).
COMPETITIVE LANDSCAPE
Demand for water freight transportation is driven by commodities trade and global imports and exports; demand for passenger transportation is driven by disposable income and travel preferences. The profitability of individual companies depends on efficient and safe operations. Large companies have advantages in capacity and diversity of service. Small companies can compete effectively by transporting specialized cargo or serving smaller markets. The US industry is highly concentrated: the 50 largest companies account for about 85% of industry revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major segments of the water transportation services industry include cruises (about 50% of US revenue), transportation of dry bulks (more than 10%), and transportation of bulk liquids and gases (less than 10%).
Companies in this industry provide inland, coastal, and deep sea transportation of freight and passengers. Major companies include Carnival and Kirby Inland Marine (both located in the US); as well as Mærsk (Denmark); COSCO (China); and Hapag-Lloyd (Germany).
COMPETITIVE LANDSCAPE
Demand for water freight transportation is driven by commodities trade and global imports and exports; demand for passenger transportation is driven by disposable income and travel preferences. The profitability of individual companies depends on efficient and safe operations. Large companies have advantages in capacity and diversity of service. Small companies can compete effectively by transporting specialized cargo or serving smaller markets. The US industry is highly concentrated: the 50 largest companies account for about 85% of industry revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major segments of the water transportation services industry include cruises (about 50% of US revenue), transportation of dry bulks (more than 10%), and transportation of bulk liquids and gases (less than 10%).
Table of Contents
- Industry Overview
- Quarterly Industry Update
- Business Challenges
- Business Trends
- Industry Opportunities
- Call Preparation Questions
- Financial Information
- Industry Forecast
- Web Links and Acronyms
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