Coastal and Great Lakes Freight Transportation - Market Size, Financial Statistics, Industry Trends

Industry Overview

This U.S. industry comprises establishments 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 establishments using the facilities of the St. Lawrence Seaway Authority Commission are considered to be using the Great Lakes Water Transportation System. Establishments primarily engaged in providing coastal and/or Great Lakes barge transportation services are included in this industry. Cross-References. Establishments primarily engaged in--
Source: U.S. Census Bureau

Coastal and Great Lakes Freight Transportation Market Size

This report includes historical and forecasted market sizes and industry trends for Coastal and Great Lakes Freight Transportation. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Coastal and Great Lakes Freight Transportation industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)	Included in Report
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Coastal and Great Lakes Freight Transportation industry.

Geographic Breakdown by U.S. State

Coastal and Great Lakes Freight Transportation market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Coastal and Great Lakes Freight Transportation companies in the United States.

Distribution by Company Size

Company Size	All Industries	Coastal and Great Lakes Freight Transportation
Small Business (< 5 Employees)	Included
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" Coastal and Great Lakes Freight Transportation company (both public and private companies are included).

	Industry Average	Percent of Sales
Total Revenue	Included
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios	Included
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Products and Services Mix

Product lines and services in the Coastal and Great Lakes Freight Transportation industry accounting for the largest revenue sources.

Product Description	Description	Revenue ($ Millions)
Industry total	Included
Trans of bulk liquids & gases, except in intermodal tank cont by wat
Trans box & pal gds, no clim-cntrl, except intrmdl tank cont, wat
Towing services
Trans of dry bulks, except in intermodal tank containers, by water
Trans of clim-contld box & pallet gds except intrmodl tank cont, wat
Transportation of other goods by water
Trans of other intermodal containers, nec, by water
Trans of bulk liquids & gases in intermodal tank conts by water
Transportation of truck trailers by water

Compensation and Salary Surveys

Salary information for employees working in the Coastal and Great Lakes Freight Transportation industry.

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	6%	Included
Chief Executives	0%
General and Operations Managers	2%
Office and Administrative Support Occupations	14%
Information and Record Clerks	6%
Transportation and Material Moving Occupations	64%
Water Transportation Workers	54%
Sailors and Marine Oilers	21%
Sailors and Marine Oilers	21%
Ship and Boat Captains and Operators	27%
Captains, Mates, and Pilots of Water Vessels	27%
Ship Engineers	6%
Ship Engineers	6%
Material Moving Workers	5%

Government Contracts

The federal government spent an annual total of $71,839,426 on the Coastal and Great Lakes Freight Transportation industry. It has awarded 60 contracts to 24 companies, with an average value of $2,993,309 per company.

Top Companies in Coastal and Great Lakes Freight Transportation and Adjacent Industries

Company	Address	Revenue ($ Millions)
Included