NAICS 48311Industry · 5-digitinternational market

Deep sea, coastal and Great Lakes water transportation

This industry comprises establishments primarily engaged in deep sea, coastal and Great Lakes water transportation of freight and passengers. The St. Lawrence Seaway is considered to be part of the Great Lakes system. Establishments that operate ocean-going cruise ships are included. — Statistics Canada, NAICS 2022A

Establishments · CanadaA
192
with employees · summed from 6-digit industries
Under 10 employeesA
43%
most common size: 1–4
Establishments · USA
1,095
Employment · USA
41,179
38 per establishment
Payroll · USA
$4.4B
$106k per employee
01

Size and shape

How many businesses there are and how small they are. Fragmentation is the first thing an entrant — or anyone selling software into this industry — needs to know, and it is one of the few things that is actually measured.

Canadian establishments by number of employeesA

1–44523%
5–93820%
10–192815%
20–492815%
50–992714%
100–199158%
200–49984%
500+32%

Of 192 Canadian establishments with employees, 43% have fewer than ten — an industry where large establishments carry real weight.

Where they areA

British Columbia6433%
Quebec4222%
Ontario3418%
Newfoundland and Labrador2413%

Largest four provinces by establishment count. Establishments with employees only — sole operators with no payroll are not in this table, so in trades and personal services the true number of businesses is higher.

How many new establishments are still tradingA
Transportation and Warehousing, US · opened 2020
84.1%
1 year
67.4%
3 years
52.7%
5 years
36.1%
10 years
opened 2015

Measured, not forecast: the share of US establishments opening in one year that were still active later. It counts good operators and bad ones together, which is exactly why it is the honest answer to “what are the odds”. It is for the whole sector rather than this market, and the ten-year figure comes from an older cohort because no younger one has reached ten years.

02

How businesses here compete

The structural profile of subsector 483, which every industry beneath it inherits. This is analyst judgment from how the subsector is organised — not research into this industry, and not a measurement.

international competitionhigh capitalUNVERIFIEDinherited from 483 Water transportation

Vessel capital and cabotage rules. Coastal, ferry and tug-and-barge operations are regional and occasionally reachable.

Who sets the price
Global freight rates; regulated tariffs on ferries.
The software it runs on
Vessel operations, port and terminal systems.
03

Market screens and studies

Market-entry records filed along this branch of the hierarchy. A record at or beneath this code is about this industry; one above it is about something wider that contains it.

Screened one level up. Nothing is filed at this exact code; the screen for 4831 Deep sea, coastal and Great Lakes water transportation covers it.

Operating businessScreenedfiled at 4831
Coastal & Great Lakes ShippingStructure decides
binding constraint: capital intensity

Deep-sea shipping is priced on global freight indices and flagged offshore; nobody enters it from a Canadian start. What is reachable is domestic: cabotage law reserves Canadian coastal and Great Lakes trades for Canadian-flagged vessels unless none is available, so the competition is a short list, and cargoes — grain, ore, salt, aggregates, fuel — move under multi-year contracts. British Columbia (64) and Newfoundland (24) hold a large share of the 192 establishments [A], which is the tug-and-barge and coastal-ferry end. The cut is the hull. Algoma Central, the listed Great Lakes operator, earned C$761M of revenue and C$231M of EBITDA in 2025 [A] — a good business — and to keep it took delivery of five newbuilds in the year with twelve more under construction [A]. That is the steady state: a fleet is always being replaced, each unit is a purpose-built ship ordered years ahead, and the protected trade that makes the revenue dependable also means a vessel built for it has no second market if the contract is lost. Contracts are awarded to the carrier that already has the tonnage; an entrant must commit to the ship to bid for the cargo. Ferries in this code are mostly Crown or provincially contracted routes and are a buyer rather than a market. A small coastal tug, water-taxi or landing-craft service is genuinely startable, but that is a boat-and-skipper livelihood and was not sized here. Maritime software is screened separately.

NAICS 48315 vendors named11 sourced figuresOpen →
04

Software serving this industry

The vertical software markets filed along the same branch — who sells to these businesses and who they would have to displace — and then the generic categories every business buys whatever it does.

Sold across the wider branch

05

Who works here

The occupations employed in Transportation and warehousing, most concentrated in it first. The share is measured against the whole sector, not this industry — the published cross-tabulation stops there.

Concentrated in this sectorA

These jobs are mostly done here. An operator in this industry is competing for them against others in the same industry, not against the whole economy.

And the jobs every business has

Found across at least fourteen of the twenty sectors. In a small establishment several of these are usually one person, or an outside provider.

All 162 occupations →

06

Inside this industry

2 rows sit directly beneath 48311. Each has a base report of its own.