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Rail Transportation in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Rail Transportation Market Research Report | NAICS 48211 | Nov 2015

Chugging along: Demand for rail transportation will increase as the labor market improves

The Rail Transportation market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Industry Statistics & Market Size
Revenue
$84bn
Annual Growth 10-15
4.6%
Annual Growth 15-20
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Profit
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Employment
172,686
Businesses
584
Industry Analysis & Industry Trends

Rail transportation has made a comeback over the past few years. Increased fuel efficiency, growing demand for bulk freight transportation and a lower carbon footprint have resulted in greater demand for the Rail Transportation industry's services. In the coming years, freight volume and demand for rail transportation will increase as the labor market improves, consumers spend more freely and inventories are rebuilt... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Rail Transportation industry is in the growth phase of its life cycle. Overall, industry value added (IVA), which measures the industry's contribution to the economy, is forecast to grow at an annualized rate of 3.6% over the 10 years to 2020. Over the same period, US GDP is forecast to rise at an annualized rate of 2.2%. A portion of this IVA growth is the result of the recovery that was still underway in 2010, yet the majority of growth expected is organic. Typically, an industry is considered to be in a growth phase of its life cycle when revenue increases faster than US GDP over a 10-year period.

Three of the primary modes of freight transportation in the United States are barges, rails and trucks... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Rail Transportation Industry?

The Rail Transportation industry comprises companies that operate railroads across the United States. This includes large railroads (Class 1 railroads) and regional and local line-haul railroads that carry freight and passengers. This industry does not include scenic and sightseeing rail transportation, street railroads, commuter rail or rapid transit.

Industry Products
Bulk freightIntermodal servicesPassenger servicesOther services
 
Industry Activities
Operating line-haul railroadsOperating short line railroadsOperating intercity passenger trains


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