Standard Report | Premium Report | |
---|---|---|
Current State of the Industry | ||
Market Size (industry trends) | ||
Market Forecast (5-year projection) | ||
Products/Services Breakdown | ||
Revenue per State | ||
Financial Metrics | ||
Salary & Compensation Statistics | ||
Public Company Information | ||
Key Private Companies | ||
Government Vendors | ||
Instant Download - Available immediately upon purchase | ||
Download both PDF and Excel
|
Download now: |
2024 U.S. Industry Statistics & Market Forecast - Deep Sea Freight Transportation
Market Size & Industry Statistics
The total U.S. industry market size for Deep Sea Freight Transportation:
Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders.
In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.
Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.
Statistics | 2019 2020 2021 2022 2023 | |
---|---|---|
Market Size (Total Sales/Revenue) |
Order at top of page | |
Total Firms | ||
Total Employees | ||
Average Revenue Per Firm | ||
Average Employees Per Firm | ||
Average Revenue Per Employee |
Market Forecast
Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.
Forecast / Industry Outlook | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
Market Forecast ($ millions) | |||||
Projected Industry Growth Rate (%) |
Industry Insights
Major trends affect the Deep Sea Freight Transportation industry include:- Global economic fluctuations
- Environmental regulations tightening
- Shift towards greener technologies
- Rise in e-commerce demand
- Supply chain digitalization
- Piracy and maritime security concerns
- Trade route shifts due to geopolitical tensions
- Increasing use of big data and analytics
- Capacity management challenges
- Expansion of the Panama and Suez Canals
- Growing importance of Arctic shipping routes
- Impact of global health emergencies on crew changes and shipping protocols
- Competition from alternative transport modes like air freight
- Changes in international trade agreements and policies
Product & Services Breakdown
Research products and services in the Deep Sea Freight Transportation industry generating sales. Note that products are broken into categories with different levels of classification.Product Description | Number of Companies | Sales ($ millions) | Percent of Total Sales |
---|---|---|---|
Industry Total |
|||
Transportation Of Bulk Liquids And Gases In Intermodal Tank Containers By Water |
|||
Transportation Of Bulk Liquids And Gases, Except In Intermodal Tank Containers, By Water |
|||
Transportation Of Dry Bulks, Except In Intermodal Tank Containers, By Water |
|||
Transportation Of Climate-Controlled Boxed, Palletized, And Other Packed Goods, Except In Intermodal Tank Containers, By Water |
|||
Transportation Of Boxed, Palletized, And Other Packed Goods, Not Climate-Controlled And Not In Intermodal Tank Containers, By W |
|||
Transportation Of Climate-Controlled Intermodal Containers, Not Elsewhere Classified, By Water |
|||
Transportation Of Other Intermodal Containers, Not Climate-Controlled, Not Elsewhere Classified, By Water |
|||
Transportation Of Automobiles And Light Trucks By Water |
|||
Transportation Of Other Goods By Water |
U.S. Geographic Distribution: Revenue Statistics by State
Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.Income Statement (Average Financial Metrics)
Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.Industry Average | Percent of Sales (Industry Benchmark) |
|
---|---|---|
Total Revenue | Order at top of page |
|
Operating Revenue | ||
Cost of Goods Sold | ||
Gross Profit | ||
Operating Expenses | ||
Pension, profit sharing plans, stock, annuity | ||
Repairs | ||
Rent paid on business property | ||
Charitable Contributions | ||
Depletion | ||
Domestic production activities deduction | ||
Advertising | ||
Compensation of officers | ||
Salaries and wages | ||
Employee benefit programs | ||
Taxes and Licenses | ||
Bad Debts | ||
Depreciation | ||
Amortization | ||
Other Operating Expenses | ||
Total Operating Expenses | ||
Operating Income | ||
Non-Operating Income | ||
EBIT (Earnings Before Interest and Taxes) | ||
Interest Expense | ||
Earnings Before Taxes | ||
Income Tax | ||
Net Profit Net Income | ||
Financial Ratio Analysis
Financial ratio information can be used to benchmark how a Deep Sea Freight Transportation company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.Profitability & Valuation Ratios | Industry Average |
---|---|
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Deep Sea Freight Transportation industry is performing. | |
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues. |
|
Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings). |
|
Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Deep Sea Freight Transportation measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets. |
Liquidity Ratios | Industry Average |
---|---|
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability. | |
Current Ratio Measures a firm's ability to pay its debts over the next 12 months. |
|
Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories. |
Efficiency Ratios - Key Performance Indicators | Industry Average |
---|---|
Measure how quickly products and services sell, and effectively collections policies are implemented. | |
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections. |
|
Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover |
|
Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. |
|
Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue. |
Compensation & Salary Surveys for Employees
Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
---|---|---|---|---|
Management Occupations | 13% | Order at top of page |
||
Chief Executives | 1% | |||
General and Operations Managers | 4% | |||
Operations Specialties Managers | 5% | |||
Business and Financial Operations Occupations | 10% | |||
Business Operations Specialists | 7% | |||
Sales and Related Occupations | 9% | |||
Sales Representatives, Services | 7% | |||
Travel Agents | 5% | |||
Travel Agents | 5% | |||
Office and Administrative Support Occupations | 12% | |||
Transportation and Material Moving Occupations | 46% | |||
Water Transportation Workers | 32% | |||
Sailors and Marine Oilers | 12% | |||
Sailors and Marine Oilers | 12% | |||
Ship and Boat Captains and Operators | 14% | |||
Captains, Mates, and Pilots of Water Vessels | 14% | |||
Ship Engineers | 7% | |||
Ship Engineers | 7% |
Deep Sea Freight Transportation Competitor Landscape & Key Companies [PREMIUM]
The most influential companies in the Deep Sea Freight Transportation industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Deep Sea Freight Transportation industry and adjacent sectors:Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry |
Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries |
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry. |
Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Deep Sea Freight Transportation industry. |
Innovation News
- Feb 22, 2024: Crowley Government Services patents System For And Method Of Multiple Machine Learning Model Aggregation
- Feb 15, 2024: Crowley Government Services patents System Of And Method For Load Recommendations
- Sep 30, 2023: Linea Peninsular trademarks "TEXAS-FLORIDA-YUCATAN-MEXICO-LINEA PENINSULAR NS" - Shipping and delivery services
- Jun 04, 2020: Crowley Government Services patents Ballast And De-ballast System And Methods
- May 31, 2020: Linea Peninsular trademarks "LINEA PENINSULAR N S" - Shipping and delivery services
- May 31, 2020: Linea Peninsular trademarks "LINEA PENINSULAR" - Shipping and delivery services
Recent Federal Contracts for Deep Sea Freight Transportation
- Apr 02, 2024: TOTE SERVICES, LLC (Jacksonville, FL) awarded $305,000
- Apr 02, 2024: KEYSTONE SHIPPING SERVICES, INC. (Bala Cynwyd, PA) awarded $1,875,000
- Apr 02, 2024: OCEAN DUCHESS, INC (Houston, TX) awarded $732,784
- Apr 01, 2024: AQUA GULF TRANSPORT, INC. (Deerfield Beach, FL) awarded $3,800
- Apr 01, 2024: MATSON NAVIGATION COMPANY, INC. (Oakland, CA) awarded $2,136,389
- Apr 01, 2024: TRANSNOW INC. (Beacon, NY) awarded $6,182