Industry Analysis & Industry Trends
Revenue for the Stevedoring and Marine Cargo Handling industry is expected to increase due to high trade volumes. Increasing oil prices are influencing customers to choose water transport over other, more expensive freight transport alternatives. These trends, coupled with lowered employment costs, have helped boost both profit and revenue over the past five years... purchase to read more
Industry Report - Industry Investment Chapter
The Stevedoring and Marine Cargo Handling industry has a low level of capital intensity. Industry operators typically invest 10 cents of capital for every dollar of labor. Although the average company initially spends about 10.5% of its sales on machinery, including cranes, vehicles and tracking software, the labor component of stevedoring operations makes up the bulk of industry operations. In 2013, wages make up about 51.0% of total industry revenue. Because dock work is potentially dangerous, employees must be well trained and highly knowledgeable of the technical aspects of the job, explaining why wages make up more than half of the industry's revenue.
However, over the past five years, capital intensity has increased... purchase to read more