TechNavio’s analysts forecast the Marine Freight market in the US and UK to reach US$70.97 billion by 2016. One of the key factors contributing to this market growth is the increasing partnerships and alliances. The Marine Freight market in the US and UK has also been witnessing environmental standards stimulating older marine vehicles replacement. However, failure of IT and communications systems could pose a challenge to the growth of this market.
TechNavio’s report, the Marine Freight Market in the US and UK 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the US and UK regions; it also covers the Marine Freight market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The key vendors dominating this market space are Alexander & Baldwin Inc. , AP Moller-Maersk Group, Expeditors International of Washington Inc., and Hapag Lloyd AG.
The other vendors mentioned in the report are Alaska Tanker Co., Crowley Maritime Corp., Peterborough Oil Co. Inc., The Wills Group Inc., General Maritime Corp., Frontline Ltd., Overseas Ship holding Group Inc., Ingram Barge Co., Bibby Line Group Ltd. ,Seaboard Corp, CSX Corp., and Eagle Bulk Shipping Inc.
Key questions answered in this report:
What will the market size be in 2016 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?