01 / PSC Market Profile
PSC V124 Transportation/Travel/Relocation- Transportation: Marine Charter Federal Contracts
Product and Service Code V124
Federal contract activity classified under Transportation/Travel/Relocation- Transportation: Marine Charter across FY 2020–FY 2026. Net obligations include both new obligations and subsequent deobligations.
02 / Market Size
How large is the PSC V124 federal market?
03 / Spending Trend
PSC V124 contract spending by fiscal year
Annual obligations, activity, and participation across the same FY 2020–FY 2026 profile window.
Latest closed fiscal year$1.69B
FY 2026| Fiscal year | Obligations | Actions | Vendors | Customers | Change |
|---|---|---|---|---|---|
| FY 2020 | $1.52B | 1,241 | 103 | 15 | — |
| FY 2021 | $1.26B | 855 | 99 | 13 | −17.1% |
| FY 2022 | $1.56B | 1,154 | 87 | 14 | +24.5% |
| FY 2023 | $1.91B | 969 | 78 | 9 | +21.9% |
| FY 2024 | $1.80B | 932 | 81 | 13 | −5.6% |
| FY 2025 | $1.82B | 947 | 82 | 9 | +1.0% |
| FY 2026 | $1.69B | 662 | 83 | 8 | −7.0% |
04 / Top Federal Customers
Which federal agencies buy most in this industry?
Ranked by net obligations during FY 2020–FY 2026.
| Federal customer | Code | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|
| DEPT OF THE NAVY | 1700 | $11.50B | 6,230 | 115 | 99.6% |
| U.S. COAST GUARD | 7008 | $22.93M | 219 | 29 | 0.2% |
| DEPT OF THE ARMY | 2100 | $5.15M | 7 | 4 | 0.0% |
| NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION | 1330 | $5.03M | 34 | 18 | 0.0% |
| BUREAU OF INDIAN AFFAIRS | 1450 | $3.55M | 73 | 4 | 0.0% |
| DEPT OF THE AIR FORCE | 5700 | $2.28M | 8 | 5 | 0.0% |
| NATIONAL PARK SERVICE | 1443 | $1.89M | 69 | 15 | 0.0% |
| US GEOLOGICAL SURVEY | 1434 | $923.2K | 28 | 13 | 0.0% |
| ENVIRONMENTAL PROTECTION AGENCY | 6800 | $539.9K | 6 | 2 | 0.0% |
| U.S. FISH AND WILDLIFE SERVICE | 1448 | $392.9K | 22 | 7 | 0.0% |
05 / Contracting Offices
Which contracting offices buy in PSC V124?
Ranked by net obligations during FY 2020–FY 2026.
| Office | Code | Agency | Obligations | Actions | Vendors | Market share |
|---|---|---|---|---|---|---|
| MSCHQ NORFOLK | N32205 | DEPT OF THE NAVY | $11.47B | 4,844 | 103 | 99.3% |
| NAVSUP FLT LOG CTR YOKOSUKA | N62649 | DEPT OF THE NAVY | $17.32M | 1,184 | 6 | 0.1% |
| LOG-9 | 70Z084 | U.S. COAST GUARD | $11.59M | 154 | 11 | 0.1% |
| HQ CONTRACT OPERATIONS (CG-912)(000 | 70Z023 | U.S. COAST GUARD | $8.08M | 11 | 7 | 0.1% |
| NAVSUP FLT LOG CTR SAN DIEGO | N00244 | DEPT OF THE NAVY | $7.60M | 12 | 4 | 0.1% |
| INDIAN EDUCATION ACQUISITION OFFICE | 140A23 | BUREAU OF INDIAN AFFAIRS | $3.88M | 67 | 4 | 0.0% |
| DEPT OF COMMERCE NOAA | 1305M2 | NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION | $3.70M | 2 | 2 | 0.0% |
| COMMANDING OFFICER | N63394 | DEPT OF THE NAVY | $3.00M | 3 | 1 | 0.0% |
| W074 ENDIST SAVANNAH | W912HN | DEPT OF THE ARMY | $2.77M | 3 | 2 | 0.0% |
| AVIATION LOGISTICS CENTER (ALC)(00038) | 70Z038 | U.S. COAST GUARD | $2.38M | 10 | 1 | 0.0% |
06 / Top Vendors
Which contractors lead the PSC V124 market?
| Vendor | Obligations | Actions | Customers | Market share | Latest activity |
|---|---|---|---|---|---|
| CROWLEY GOVERNMENT SERVICES, INC. | $1.71B | 480 | 1 | 14.8% | Jul 9, 2026 |
| PATRIOT CONTRACT SERVICES, LLC | $1.66B | 431 | 1 | 14.4% | Jul 16, 2026 |
| U.S. MARINE MANAGEMENT, INCORPORATED | $1.27B | 425 | 1 | 11.0% | Jul 13, 2026 |
| OCEAN SHIPS, INC. | $1.15B | 450 | 1 | 10.0% | Jul 14, 2026 |
| HORNBECK OFFSHORE OPERATORS, LLC | $688.17M | 257 | 2 | 6.0% | Jul 8, 2026 |
| SCHUYLER LINE NAVIGATION COMPANY, LLC | $550.55M | 202 | 1 | 4.8% | Jun 29, 2026 |
| TRANSOCEANIC CABLE SHIP COMPANY LLC | $431.82M | 87 | 1 | 3.7% | Apr 16, 2026 |
| TOTE SERVICES, LLC | $420.33M | 212 | 1 | 3.6% | Jul 9, 2026 |
| SEALIFT INC OF DELAWARE | $410.82M | 232 | 1 | 3.6% | Jul 14, 2026 |
| AMERICAN PETROLEUM TANKERS LLC | $392.54M | 50 | 1 | 3.4% | Jul 17, 2026 |
07 / Industry Mix
What industries are purchased under PSC V124?
| NAICS | Description | Obligations | Actions | Vendors | Share |
|---|---|---|---|---|---|
| 483111 | DEEP SEA FREIGHT TRANSPORTATION | $10.54B | 4,029 | 100 | 91.3% |
| 483113 | COASTAL AND GREAT LAKES FREIGHT TRANSPORTATION | $405.55M | 132 | 11 | 3.5% |
| 488330 | NAVIGATIONAL SERVICES TO SHIPPING | $389.52M | 662 | 26 | 3.4% |
| 483112 | DEEP SEA PASSENGER TRANSPORTATION | $160.58M | 191 | 22 | 1.4% |
| 488390 | OTHER SUPPORT ACTIVITIES FOR WATER TRANSPORTATION | $30.80M | 1,417 | 18 | 0.3% |
| 483114 | COASTAL AND GREAT LAKES PASSENGER TRANSPORTATION | $4.79M | 87 | 19 | 0.0% |
| 561510 | TRAVEL AGENCIES | $3.59M | 75 | 5 | 0.0% |
| 481111 | SCHEDULED PASSENGER AIR TRANSPORTATION | $3.33M | 5 | 2 | 0.0% |
| 532411 | COMMERCIAL AIR, RAIL, AND WATER TRANSPORTATION EQUIPMENT RENTAL AND LEASING | $2.71M | 4 | 4 | 0.0% |
| 541690 | OTHER SCIENTIFIC AND TECHNICAL CONSULTING SERVICES | $2.35M | 22 | 2 | 0.0% |
08 / Buying Pattern
How does the government buy in PSC V124?
| Common action type | Obligations | Actions |
|---|---|---|
| DEFINITIVE CONTRACT | $9.83B | 3,616 |
| DELIVERY ORDER | $67.70M | 1,789 |
| PURCHASE ORDER | $1.65B | 1,283 |
| BPA CALL | $629.7K | 72 |
09 / Recent Contract Awards
What was awarded most recently in PSC V124?
10 / Market Interpretation
How should contractors evaluate this market?
Start with the spending direction
Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.
Follow the actual buyers
Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.
Measure accessible demand
Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $11.55B market as addressable.