Barge Transportation Market Trend and Forecast in the US 2015-2019 in New Report

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Albany, NY -- (SBWire) -- 02/09/2015 --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

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

Covered in this Report
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.

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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

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TechNavio's report, 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.
For a full, detailed list, view our report.

Market Challenge
Capital-intensive Business and High Cost of Maintenance.
For a full, detailed list, view our report.

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Market Trend
Increased Adoption of Self-propelled Barges.
For a full, detailed list, view our report.

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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