Port & Harbor Operations in the US - Industry Market Research Report

Port & Harbor Operations in the US - Industry Market Research Report

Port & Harbor Operations in the US

Operators in the Port and Harbor Operations industry are critical for the exchange and movement of goods. Over the five years to 2019, improving economic conditions have enabled international trade activity and overall consumer spending to surge. This has generated significant demand for port and harbor services. Over the five years to 2024, industry operators are projected to experience steady revenue growth as rising trade volumes, growing levels of US disposable income and increasing consumer spending continue to bolster demand for industry services. However, industry growth will be somewhat constrained in coming years by the growing popularity of large-scale cargo vessels. While large ships enable manufacturers to reduce per-unit shipping costs, these ships are often too large to enter domestic ports.

Companies in this industry operate ports, harbors (including docking and pier facilities) or canals. The main activities of this industry include loading and unloading cargo from ships, operating lighthouses, arranging paperwork for incoming shipments, operating computer systems to connect cargo with recipients and providing accommodations to docked vessels.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

MAJOR COMPANIES

Port of Los Angeles

The Georgia Ports Authority

Port of Houston Authority

Port of Long Beach

The Port Authority Of New York & New Jersey

The Northwest Seaport Alliance