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Barge Transportation Market Share

Report ID: GMI1945
Published Date: Oct 2023
Report Format: PDF

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Barge Transportation Market Share

Major companies operating in the barge transportation industry are:

Kirby Corporation
American Commercial Barge Line
Blessey Marine Services, Inc.
SEACOR HOLDINGS INC.
Marquette Transportation Company LLC.
POSH
Campbell Transportation Company Inc.

Kirby Corporation is one of the major companies in the market have garnered around 4% of the revenue share. Moreover, these companies competed in providing barge services and towing services. Some of them are increasing their barge vessels to enhance their service business and offer better competition to other players in the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of barge transportation reached USD 40.3 billion in 2022 and is projected to witness over 3% CAGR from 2023 to 2032, attributed to the substantial allocation of government funds for inland waterway transportation across major countries worldwide.

The covered barges segment held major share of the barge transportation industry in 2022, due to their ability to provide essential cargo protection.

Asia Pacific market generated USD 26.9 billion in revenue in 2022, owing to the robust economic growth and expanding trade activities within the region.

Some of the top industry players are Kirby Corporation, American Commercial Barge Line, Blessey Marine Services, Inc., SEACOR HOLDINGS INC., Marquette Transportation Company LLC., POSH, and Campbell Transportation Company Inc.