Skip navigation
Reports & Analysis Strategic Insights Research Subscriptions
Sign In / Create Account Cart
Sign In / Create Account Cart
  • Reports & Analysis
  • Strategic Insights
  • Research Subscriptions

Resources

  • Analyst Buzz
  • Press Releases
  • Blog
  • Resources & Downloads

The Freedonia Group

  • Contact
  • About
  • Our Staff
  • Help Center
  • Career Opportunities
Freedonia Market Research Press Releases US Water Transport Revenues to Rise 3.1% Annually in Nominal Terms to 2022

US Water Transport Revenues to Rise 3.1% Annually in Nominal Terms to 2022

by Corinne Gangloff

January 9, 2019

Cleveland, OH, January 9, 2019 — US water transport revenues are forecast to rise 3.1% annually in nominal terms through 2022, according to Water Transport Services: United States, a report recently released by Freedonia Focus Reports. Continued increases in disposable personal income levels and consumer willingness to make discretionary purchases such as on travel and vacations will drive growth in passenger transport revenues. Waterborne freight activity will be sustained by advances in manufacturing output and international trade activity. Marine shipping companies face competition from alternative modes of transport, particularly rail and truck. However, waterborne freight carriers will continue to benefit from the ability to integrate operations with rail and trucking firms to capture intermodal business.

Revenues generated by US establishments providing deep sea passenger transport services are expected to remain the dominant segment through 2022. Providers are expected to benefit from rising disposable personal incomes and the affordability of ocean cruises.

These and other key insights are featured in Water Transport Services: United States. This report forecasts to 2022 US water transport services revenues for employer and nonemployer firms in nominal and real (inflation-adjusted) dollars. Total revenues in nominal terms are segmented by establishment type in terms of:

  • deep sea passenger
  • coastal and Great Lakes passenger
  • inland water passenger
  • inland water freight
  • coastal and Great Lakes freight
  • deep sea freight

Total revenues in real terms are also segmented by establishment type as follows:

  • passenger
  • inland water freight
  • coastal and Great Lakes freight
  • deep sea freight

To illustrate historical trends, total revenues in nominal and real terms, the various segments, and trade are provided in annual series from 2007 to 2017.

The scope of this report includes the revenues of for-hire water transport firms, as well as for-hire fleets that are dedicated to a particular client. Captive water transport services (i.e., businesses that maintain their own boats, ships, or barges to transport company goods or employees) are excluded. Also excluded are scenic and sightseeing water transport services.

More information about the report is available at:

https://www.freedoniafocusreports.com/Water-Transport-Services-United-States-FF85027/

Have unique research needs?

Freedonia Strategic Insights listens intently to your needs and objectives. Then we work diligently to define and deliver a service to meet them.
Learn About Our Custom Research Services

Subscribe to Our Blog

Stay up to date with the latest information about new market research and news in areas relevant to your business from our analysts and team members.

Freedonia Focus Blog Subscription

Provide the following details to subscribe.

The Freedonia Group needs the contact information you provide to us to contact you about our products and services. You may unsubscribe from these communications at any time. For information on how to unsubscribe, as well as our privacy practices and commitment to protecting your privacy, please review our Privacy Policy.
  • Contact
  • About
  • Help Center
  • Career Opportunities
  • Press Contact
  • User Agreement
  • Privacy Policy
  • Site Map

Additional Resources

  • Market Size Resources
  • Lawn & Garden Market Research
  • Roofing Market Research
  • Pet Products Market Research
  • Countertops Market Research
  • Power Tools Market Research
  • Publishing for the PreK-12 Market Research
  • Insulation Market Resaerch
  • Cabinets Market Research
  • Flooring Market Research
  • Pet Supplements Market Research
  • Agricultural Equipment Market Research
  • Open Access Publishing Market Research
  • Silicones Market Research
  • For Legal Inquiries, contact Cohen & Cohen
Copyright © 2025 The Freedonia Group, Inc. All rights reserved.