Marine Freight in the United States

Marine Freight in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value 2014-18, and forecast to 2023). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

– The marine freight sector is defined as consisting of revenues generated from freight transportation by ship of container and dry bulk cargo , by sea and ocean going vessels. The sector includes both domestic and international freight, which for the purposes of this report is counted in the country of origin. the vaues are calculated by multiplying the averge price of the goods per ton and volume of cargo transported. Any currency conversions used in the creation of this report have been calculated using constant 2018 annual average exchange rates.

– The US marine freight industry had total revenues of $48.9m in 2018, representing a compound annual growth rate (CAGR) of 13.8% between 2014 and 2018.

– The performance of the industry is forecast to decelerate, with an anticipated CAGR of 3.2% for the five-year period 20182023, which is expected to drive the industry to a value of $57.2m by the end of 2023.

– In 2017, the industry experienced a degree of consolidation as a result of a number of notable alliances and merger and acquisitions.

Scope

– Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the marine freight market in the United States

– Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the marine freight market in the United States

– Leading company profiles reveal details of key marine freight market players’ global operations and financial performance

– Add weight to presentations and pitches by understanding the future growth prospects of the United States marine freight market with five year forecasts

Reasons to buy

- What was the size of the United States marine freight market by value in 2018?

- What will be the size of the United States marine freight market in 2023?

- What factors are affecting the strength of competition in the United States marine freight market?

- How has the market performed over the last five years?

- What are the main segments that make up the United States's marine freight market?

Companies mentioned

CMA CGM Group

COSCO Shipping Co., Ltd.

A.P. Moller-Maersk A/S

MSC Mediterranean Shipping Company SA

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