The major companies operating in the inland waterways vessels market-
Kirby Corporation
American Commercial Barge Line (ACBL)
Ingram Barge Company
Barge Transportation
Canal Barge Company
American River Transportation Company (ARTCO)
SCF Marine Inc.
Authors:
Preeti Wadhwani
Frequently Asked Questions (FAQ) :
The market size of inland waterways vessels reached USD 1.21 trillion in 2022 and is set to grow at over 5% CAGR between 2023 and 2032, owing to the increase in trade & economic activities.
The freight vessels segment is experiencing significant growth in the market, attributed to the increasing demand for the efficient & cost-effective transportation of goods via waterways.
Asia Pacific market was valued at USD 646.8 billion in 2022, due the regions extensive network of rivers, lakes, and canals, which provide ample opportunities for inland waterway transportation.
Kirby Corporation, American Commercial Barge Line (ACBL), Ingram Barge Company, Barge Transportation, Canal Barge Company, American River Transportation Company (ARTCO), and SCF Marine Inc.