During the recession, a plunge in economic activity and production drastically reduced the need to transport commodities and goods along inland waterways. As a result, demand for industry services dropped, with revenue fell. Thereafter, stagnant overall freight volume and natural disasters stifled the industry's recovery. In the five years to 2019 industry revenue growth is forecast to rise. Growth will be driven by economic expansion, rising exports and demand from downstream industries. However, the poor state of inland waterway infrastructure will cause hamper growth.
This industry comprises establishments that provide inland water transportation for passengers and cargo on lakes, rivers and intracoastal waterways (except on the Great Lakes system).
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.