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 Products Chapter
In the Rail Transportation industry, revenue is mainly derived from providing freight services. Freight services can be further divided into bulk and intermodal freight services. Together, these services are estimated to generate 51.8% and 42.7% of industry revenue, respectively. Additionally, a small percentage of industry operators also provide passenger services.
Bulk freight refers to the process of transporting unpackaged commodity cargo in large quantities. These goods can be either liquid or dry depending on what else its train car is carrying. As the name suggests, liquid freights can carry a range of liquids including liquid hydrogen. For all other types of commodities, such as coal or grain, operators use dry freight cars... purchase to read more