US Barge Transportation Market Growth Report 2019

A barge is a flat-bottom boat, used primarily for transportation of dry and liquid bulk cargo on inland waterways. Its carrying capacity is more in comparison to rail cars, trucks, and semi-trailers, thus making it more cost-effective mode of transportation. Majority of barges are propelled with the help of a towboat or other vessels. Primarily, barges are non-mechanical in nature and are usually propelled by towing, but in recent times the market has witnessed a trend of using self-propelled barges

Analysts forecast the Barge Transportation market in the US to grow at a CAGR of 1.97 percent over the period 2014-2019.

This report covers the present scenario and the growth prospects of the Barge Transportation market in the US for 2015-2019. To calculate the market size, it considers the volume of trade conducted through different types of barges. It presents an in-depth analysis of different types of barges used in the market and products transported through barges.

The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors in the Barge Transportation market in the US. To rank the leading vendors in the market, the report considers the number of barge fleet vendors occupy in the overall market.

In addition, the report discusses the major drivers that influence the growth of the market. It summarizes the challenges faced by vendors and the market at large, as well as the key trends emerging in the market.

The Barge Transportation market in the US is segmented as follows according to type of barge fleets available in the market:

  • Covered Barge
  • Open Barge
  • Tank Barge

The Barge Transportation market in the US is segmented as follows according to the type of products transported through different barges:

  • Chemicals and Allied Products
  • Coal
  • Crude Materials
  • Food and Farm Products
  • Petroleum Products
  • Others

Barge Transportation market in the US 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also summaries the challenges faced by the vendors and the market at large, and the key trends that are emerging in the market.

Key Vendors

  • AEP River Operations
  • American Commercial Lines LLC
  • Ingram Barge Company
  • Kirby Corp.

Other Prominent Vendors

  • AgriChem Marine Transportation
  • Alter Logistics
  • Argosy Transportation
  • ATS International Services
  • Barge America
  • Blessey Marine Services
  • Bouchard Transportation
  • Campbell Transportation
  • Canal Barge
  • Ceres Barge Lines
  • Crounse Corporation
  • Heartland Barge
  • McAllister Towing and Transportation
  • SCF Marine

Market Driver

  • Increased Crude Oil Production.

Market Challenge

  • Capital-intensive Business and High Cost of Maintenance.

Market Trend

  • Increased Adoption of Self-propelled Barges.

Key Questions Answered in this Report

  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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