Coastal & Great Lakes Passenger Transportation Industry

NAICS: 483114

For additional companies see the Deep Sea, Coastal & Great Lakes Water Transportation Industry

Coastal & Great Lakes Passenger Transportation Market Share: Largest Companies in the Coastal & Great Lakes Passenger Transportation Industry

Company	Headquarters	Revenue ($ MM)
BLUE & GOLD FLEET	San Francisco, CA	100
YACHT STARSHIP DINING CRUISES	Tampa, FL	40
SAYVILLE FERRY SERVICE	Sayville, NY	26
KEY WEST EXPRESS	Fort Myers Beach, FL	18
PICTURED ROCKS CRUISES	Munising, MI	18
MARINE TRANSPORTATION SERVICES	Panama City, FL	17
GREEN MOUNTAIN BOAT LINES	Burlington, VT	14
OHANA DIVERS	Ewa Beach, HI	13
SEATTLE LAKES CRUISES	Seattle, WA	12
KELLEYS ISLAND FERRY BOAT LINES	Newburgh Heights, OH	11
TRANSPORTATION SERVICES FOR ST. JOHN	St.john, VI	10
PEOPLE HAULERS	Lafayette, LA	10
SUPPORT VESSELS OF ALASKA	Homer, AK	4
DELAWARE BAY LAUNCH SERVICE	New Castle, DE	3
MEINKE MARINE EMERGENCY SERVICE	Curtice, OH	1

This is a list of the largest companies active in the Coastal & Great Lakes Passenger Transportation industry. This differs from market share in the following example: One business with revenues of $100 million generates 10% of its business from the Coastal & Great Lakes Passenger Transportation industry. A second firm, with revenues of $20 million, generates all of its business from this industry. In our list, we show the businesses having revenues of $100 million and $20 million, respectively. However, the market share would compare the $10 million in industry-specific revenue to the $20 million: the second company has twice the market share even though it is "smaller" in size.

Growth: Fastest Growing Coastal & Great Lakes Passenger Transportation Companies

A list of competitors in the Coastal & Great Lakes Passenger Transportation industry that are rapidly expanding. Businesses may grow organically or through acquisition. Typically, small or midsized companies are in "growth" mode and can expand more rapidly. However, large businesses may have the strategy and financial capabilities to scale rapidly. Businesses that employ a "roll-up" strategy make multiple acquisitions of smaller businesses to form a single large corporation that controls a greater market share than its competitors and benefits from economies of scale.

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Small Business Financing

Small businesses that have received financing may expand soon. Financing may be required for capital-intensive investments, such as real estate or equipment purchases. Coastal & Great Lakes Passenger Transportation businesses may use the financing to cover startup expenses or the costs of hiring new employees. Loans differ from equity investments in the level of risk that is expected: loans frequently have collateral either directly or implicitly through the business or the owners that ensure repayment. Equity investment has the possibility for much greater returns, but offers no guarantee the principle will be repaid. Convertible securities combine the two concepts, but is used by private-equity firms rather than main street startups.

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Venture Funding

These Coastal & Great Lakes Passenger Transportation companies are actively raising capital from venture capital firms, private equity, or other investors. Businesses with venture funding generally have higher growth prospects, either through bringing new concepts to market, using innovative business practices, or savvy management.

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