
US Barge Transportation Market Size and Forecast (2020 - 2030), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Liquid Cargo, Gaseous Cargo, and Dry Cargo), Barge Fleet (Covered Barge, Open Barge, and Tank Barge), Applicat
Description
US Barge Transportation Market Size and Forecast (2020 - 2030), Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Liquid Cargo, Gaseous Cargo, and Dry Cargo), Barge Fleet (Covered Barge, Open Barge, and Tank Barge), Application (Coal, Petroleum Products, Chemicals, Metal Products, Food Products, and Others), and Country
The US barge transportation market size is projected to grow from US$ 26,178.20 million in 2022 to US$ 50,010.20 million by 2030; it is expected to register a CAGR of 8.4% during 2022–2030.
Rise in Investments by Government to Improve Waterways Infrastructure is Creating Opportunities for the US barge transportation market Growth
While American ports are an important part of the economy, obsolete infrastructure and the COVID-19 epidemic have put them under strain. According to the American Society of Civil Engineers (ASCE) 2021 Report Card for America's infrastructure, American ports were the source of more than 30 million jobs and contributed 26% to the national GDP in 2018. In March 2022, the Biden-Harris administration funded more than US$ 2.7 billion to Army Corps projects focused on enhancing ports and waterways around the country. President Biden's Bipartisan infrastructure deal is set to invest in transformative projects that have the potential to stimulate the growth of other critical elements of US transportation infrastructure and supply chains, which is deemed as the largest federal investment in American port infrastructure and freight networks. The US Department of Transportation (DOT) has plans to permit port authorities to repurpose project cost savings to address supply chain issues. The Biden-Harris administration would continue to seek better flexibility and alternative solutions to address infrastructure needs related to supply chains. The administration has plans to invest additional US$ 110 billion in the maintenance of roads and bridges as well as to support the progress of big transformative projects. The wise delegation of these resources can significantly enhance supply chains and product mobility in the US. In response to the increased government emphasis on infrastructure renewal, the demand for port and multimodal transportation within marine transportation is anticipated to rise significantly in the coming years. Thus, a rise in government investments to improve waterways infrastructure presents a notable opportunity for companies in the US barge transportation market.
The US barge transportation market analysis is carried out by identifying and evaluating key players in the market. Alter Logistics, American Commercial Barge Line, Campbell Transportation Company, Inc., Ingram Marine Group, Kirby Corporation, Livingston International, and Blessey Marine Services, Inc are among the key players analyzed in the US barge transportation market report. The US barge transportation market report also includes growth prospects in light of current US barge transportation market trends and driving factors influencing the market growth.
Companies operating in the US barge transportation market highly adopt inorganic strategies such as mergers and acquisitions. The market initiative is a strategy adopted by companies to expand their footprint across the world and to meet the growing customer demand. The players present in the market are mainly focusing on product and service enhancements by integrating advanced features and technologies into their offerings to increase their US barge transportation market share.
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the US barge transportation market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the US barge transportation market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth South America market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the US barge transportation market
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the US barge transportation market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth South America market trends and outlook coupled with the factors driving the market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
Table of Contents
114 Pages
- 1. Introduction
- 1.1 The Insight Partners Research Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 2.2 Market Attractiveness
- 2.2.1 By Barge Fleet
- 2.2.2 By Type
- 2.2.3 By Application
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. US Barge Transportation Market Landscape
- 4.1 Overview
- 4.2 PEST Analysis
- 4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain
- 4.4 Average Barge Freight Rates
- 4.5 US Domestic Covered Barge Commodity, By Volume, 2022
- 4.6 Average Marine Freight Rates
- 4.7 Company wise barge fleet
- 4.8 US Fleet Analysis
- 5. US Barge Transportation Market – Key Market Dynamics
- 5.1 US Barge Transportation Market – Key Market Dynamics
- 5.1.1 Market Drivers
- 5.1.1.1 Increasing Demand for Cost-Effective Transportation
- 5.1.1.2 Surging Trade of Agriculture commodities and Metal Ores
- 5.1.2 Market Restraints
- 5.1.2.1 High Operating Cost of Barges
- 5.1.3 Market Opportunities
- 5.1.3.1 Rise in Investments by Government to Improve Waterways Infrastructure
- 5.1.4 Future Trends
- 5.1.4.1 Growing Demand for Green Transport
- 5.2 Impact of Drivers and Restraints:
- 6. US Barge Transportation Market Analysis
- 6.1 US Barge Transportation Market Revenue (US$ Million), 2022–2030
- 6.2 US Barge Transportation Market Forecast and Analysis
- 7. US Barge Transportation Market Analysis – by Type
- 7.1 Liquid Cargo
- 7.1.1 Overview
- 7.1.2 Liquid Cargo: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 7.2 Gaseous Cargo
- 7.2.1 Overview
- 7.2.2 Gaseous Cargo: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 7.3 Dry Cargo
- 7.3.1 Overview
- 7.3.2 Dry Cargo: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 8. US Barge Transportation Market Analysis – by Barge Fleet
- 8.1 Covered Barge
- 8.1.1 Overview
- 8.1.2 Covered Barge: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 8.2 Open Barge
- 8.2.1 Overview
- 8.2.2 Open Barge: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 8.3 Tank Barge
- 8.3.1 Overview
- 8.3.2 Tank Barge: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 9. US Barge Transportation Market Analysis – by Application
- 9.1 Coal
- 9.1.1 Overview
- 9.1.2 Coal: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 9.2 Petroleum Products
- 9.2.1 Overview
- 9.2.2 Petroleum Products: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 9.3 Chemicals
- 9.3.1 Overview
- 9.3.2 Chemicals: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 9.4 Metal Products
- 9.4.1 Overview
- 9.4.2 Metal Products: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 9.5 Food Products
- 9.5.1 Overview
- 9.5.2 Food Products: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- 10. US Barge Transportation Market – Impact of COVID-19 Pandemic
- 10.1 Pre & Post COVID-19 Impact
- 11. Competitive Landscape
- 11.1 Heat Map Analysis by Key Players
- 11.2 Company Positioning and Concentration
- 12. Industry Landscape
- 12.1 Overview
- 12.2 Market Initiative
- 12.3 Merger and Acquisition
- 13. Company Profiles
- 13.1 Blessey Marine Services Inc
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
- 13.2 McAllister Towing and Transportation Co Inc
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
- 13.3 Livingston International Inc
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
- 13.4 Kirby Corp
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
- 13.5 Southern Devall
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
- 13.6 Campbell Transportation Co Inc
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
- 13.7 Marquette Transportation Company LLC
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments
- 13.8 American Commercial Barge Line LLC
- 13.8.1 Key Facts
- 13.8.2 Business Description
- 13.8.3 Products and Services
- 13.8.4 Financial Overview
- 13.8.5 SWOT Analysis
- 13.8.6 Key Developments
- 13.9 Alter Logistics Co
- 13.9.1 Key Facts
- 13.9.2 Business Description
- 13.9.3 Products and Services
- 13.9.4 Financial Overview
- 13.9.5 SWOT Analysis
- 13.9.6 Key Developments
- 13.10 Ingram Barge Co LLC
- 13.10.1 Key Facts
- 13.10.2 Business Description
- 13.10.3 Products and Services
- 13.10.4 Financial Overview
- 13.10.5 SWOT Analysis
- 13.10.6 Key Developments
- 14. Appendix
- 14.1 About The Insight Partners
- Table 1. US Barge Transportation Market Segmentation
- Table 2. List of Vendors
- Table 3. Average Barge Freight Rates
- Table 4. Covered Barge Volume by Commodity
- Table 5. Average Marine Freight Rates
- Table 6. Company wise barge fleet
- Table 7. US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million)
- Table 8. US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million) – by Type
- Table 9. US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million) – by Barge Fleet
- Table 10. US Barge Transportation Market – Revenue and Forecast to 2030 (US$ Million) – by Application
- Table 11. Heat Map Analysis by Key Players
- Figure 1. PEST Analysis
- Figure 2. Impact Analysis of Drivers and Restraints
- Figure 3. US Barge Transportation Market Revenue (US$ Million), 2022–2030
- Figure 4. US Barge Transportation Market Share (%) – by Type, 2022 and 2030
- Figure 5. Liquid Cargo: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 6. Gaseous Cargo: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 7. Dry Cargo: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 8. US Barge Transportation Market Share (%) – by Barge Fleet, 2022 and 2030
- Figure 9. Covered Barge: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 10. Open Barge: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 11. Tank Barge: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 12. US Barge Transportation Market Share (%) – by Application, 2022 and 2030
- Figure 13. Coal: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 14. Petroleum Products: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 15. Chemicals: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 16. Metal Products: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 17. Food Products: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 18. Others: US Barge Transportation Market– Revenue and Forecast to 2030 (US$ Million)
- Figure 19. Company Positioning and Concentration
Pricing
Currency Rates
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