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(Transportation-News.com, November 13, 2017 ) The inland waterway transportation system in the US is one of the world's most efficient transportation systems with a network of interconnected rivers and canals. Over 1 billion short tons of cargo are moved annually, which makes it a vital part of the US cargo transportation system. Barge transportation is the most efficient and safest means of transporting bulk commodities when compared to railroads and trucks. A barge is a flat-bottomed boat used to transport dry and liquid-bulk cargo through inland waterways. The capacity of barges to carry cargo is greater than rail cars, trucks, and semi-trailers, making it a very cost-effective mode of transportation. The cargo capacity of an average inland tank barge is equivalent to more than 40 railroad tank cars or 140 tractor-trailer tank trucks. Barges are non-mechanical and are propelled using a towboat or any other similar vessel. However, self-propelled barges are also gaining traction in the market.
Publisher's analysts forecast the barge transportation market in the US to grow at a CAGR of 1.39% during the period 2017-2021. For more information about this report: http://www.reportsweb.com/barge-transportation-market-in-the-us-2017-2021 . Covered in this report The report covers the present scenario and the growth prospects of the barge transportation market in the US for 2017-2021. To calculate the market size, the report considers the volume of trade carried through different types of barges. It presents an in-depth analysis of different types of barges used in the market and products transported in them.
Publisher's report, Barge Transportation Market in the US 2017-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors -ACBL -Ingram Marine -Kirby -SEACOR
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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 -Heartland Barge -McAllister Towing and -Transportation
Market driver -Growth in US petrochemical industry -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
Market trend -Construction of new tank barges and tugboats -For a full, detailed list, view our report
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Table of Contents: PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Market landscape PART 06: Market segmentation by type of barge fleet PART 07: Market segmentation by products transported PART 08: Market drivers PART 09: Impact of drivers PART 10: Market challenges PART 11: Impact of drivers and challenges PART 12: Market trends PART 13: Vendor landscape PART 14: Key vendor analysis PART 15: Appendix PART 16: Explore Publisher
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