2019 Coastal and Great Lakes Freight Transportation Market Research Report
Over the past 3 years, the Coastal and Great Lakes Freight Transportation industry in the U.S. has averaged annual growth of -3.5% to reach $7.9 billion in revenue. The 2019 Coastal and Great Lakes Freight Transportation Market Research Report is an in-depth evaluation of the industry in the United States.
The Coastal and Great Lakes Freight Transportation industry includes companies primarily engaged in providing water transportation of cargo in coastal waters, on the Great Lakes System, or deep seas between ports of the United States, Puerto Rico, and United States island possessions or protectorates. Marine transportation companies using the facilities of the St. Lawrence Seaway Authority Commission are considered to be using the Great Lakes Water Transportation System. Companies primarily engaged in providing coastal and/or Great Lakes barge transportation services are included in this industry.
The report is based on extensive and comprehensive business surveys and is utilized for a range of strategic purposes, including benchmarking, due diligence, cost-cutting, planning, evaluating opportunities, forecasting, streamlining, and gap analysis. The report includes over 100 insightful data sets, such historical and forecasted industry sales, operating expense details, product line breakdown, financial ratios, benchmarks, wages, profitability, organizational analysis, revenue per employee, state statistics, price inflation, consolidation analysis, firm dynamics, pay ranges for different roles, firm size data, employment, and much more.
Below are select highlights from the report:
In 2018, industry sales were $7.9 billion
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Over the past 3 years, the industry has declined at an annual rate of -3.5%
The report has historical, annual and forecasted growth rates
There are 370 companies in the industry
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SALES PER COMPANY
In 2018, the average sales per company were $21.6 million
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INFLATION & PRICING
2019 forecasted inflation is 3.4%
The report has historicals, 4 years of monthly figures, and the 5-year forecast
For unprofitable companies, the average net loss is -7.3%
The report has more on market and profitability dynamics
Employee productivity is $410,026
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1.6% of expenses are spent on health insurance
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In 2018, industry operating expenses grew 2%
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In 2018, payroll per employee was $73,620
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PAYROLL BY STATE
California averages $49,594 in payroll per employee
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JOB CATEGORIZATION BENCHMARKS
6% of employees in the industry are in management positions
Benchmark against 13 other job categories
JOB CATEGORIZATION PAY RANGES
The average industry hourly pay for office and administrative jobs is $21.33
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The above highlights represent a small fraction of what you will find in this report.
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