Industry Analysis & Industry Trends
Regaining its sea legs
After weak trade conditions and low shipments affected the industry during the recession, operators will benefit from a rise in overall trade and improved spending. As the economy improves, major ports are set to expand, increasing profitability and supporting industry growth. Exports to Asia will also rise, boosting overall revenue... purchase to read more
Industry Report - Starting a New Business Chapter
The industry has a high level of barriers to entry. Waterfront land acquisition costs can be extremely expensive. Furthermore, channel dredging, berth construction, intermodal transfer facility purchases and other infrastructures cost hundreds of millions of dollars. Port operators work to ensure that facilities are well serviced by appropriate sea, road and rail access beyond the port's boundaries. Developing high-quality road and rail links generally requires government cooperation and many years of planning and construction. Many of these systems are integrated through networks and systems to ensure that movement of goods is efficient and effective. Equipment such as cranes, conveyor belts and other material handling equipment can be leased... purchase to read more