NAICS 483113 - Coastal and Great Lakes Freight Transportation
This U.S. industry comprises establishments primarily engaged in providing water transportation of cargo in coastal waters, on the Great Lakes System, or deep seas between ports of the United States, Puerto Rico, and United States island possessions or protectorates. Marine transportation establishments using the facilities of the St. Lawrence Seaway Authority Commission are considered to be using the Great Lakes Water Transportation System. Establishments primarily engaged in providing coastal and/or Great Lakes barge transportation services are included in this industry.
Industry trends:
The Coastal and Great Lakes Freight Transportation industry (NAICS 483113) is currently witnessing notable qualitative trends driven by technological advancements, increased environmental regulations, and shifts in global trade dynamics.
One major trend is the integration of digital technologies. Companies are increasingly adopting sophisticated tracking and monitoring systems such as IoT (Internet of Things) and AI-powered analytics to optimize routes, ensure timely deliveries, and reduce operational costs. This technological transformation is anticipated to enhance efficiency and provide more reliable and transparent services.
Environmental concerns are pushing the industry toward adopting more sustainable practices. There is a clear movement toward utilizing cleaner fuels, such as LNG (liquefied natural gas), and implementing exhaust gas cleaning systems to reduce emissions. Regulatory frameworks are becoming more stringent, compelling industry players to innovate in order to comply with new environmental standards.
Global trade patterns are also influencing coastal and Great Lakes freight transportation. The shift of manufacturing hubs and the ongoing complexities in international trade agreements have led to changes in cargo volumes and routes. Companies are diversifying their logistics and supply chain strategies to mitigate risks associated with these global developments.
Forecasts indicate continued growth in the industry, driven by the increasing demand for sustainable transportation solutions and the ongoing modernization of fleet operations. However, firms must remain agile and responsive to evolving technological and environmental landscapes to maintain their competitive edge.
This industry is comprised of:
Barge transportation, coastal or Great Lakes (including St. Lawrence Seaway)
Coastal freight transportation to and from domestic ports
Coastal shipping of freight to and from domestic ports
Deep sea freight transportation to or from domestic ports (including Puerto Rico)
Freight shipping on the Great Lakes system (including St. Lawrence Seaway)
Freight transportation, deep sea, to and from domestic ports
Great Lakes freight transportation (including St. Lawrence Seaway)
Intercoastal freight transportation to and from domestic ports
Lake freight transportation, Great Lakes (including St. Lawrence Seaway)
Ship chartering with crew, coastal or Great Lakes freight transportation (including St. Lawrence Seaway)
Shipping freight to and from domestic ports (i.e., coastal, deep sea (including Puerto Rico), Great Lakes system (including St. Lawrence Seaway))
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