Industry Analysis & Industry Trends
The Rail Transportation industry is on the right track, unimpeded by rising fuel prices and environmental concerns that hamper other modes of transportation. The resurgence of the industry's popularity will be supported by a high level of technological change, leading to more powerful and fuel-efficient locomotives. Furthermore, higher production levels and greater consumer spending will support industry demand... 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 5.2% over the 10 years to 2019. Over the same period, US GDP is forecast to rise at an annualized rate of 2.5%. A portion of this IVA growth is the result of massive declines in 2009 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