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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 | Mar 2016

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
$76bn
Annual Growth 11-16
0.2%
Annual Growth 16-21
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Profit
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Employment
161,183
Businesses
564
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 Key Buyers Chapter

This industry is highly concentrated, as the top four players account for 87.6% of revenue in 2016, leaving over 500 operators to compete over the remaining market share for rail transportation. The high concentration reflects the dominance of Class 1 operators, which require extensive and efficient operations to be successful. Only seven Class 1 railroads operate in the United States, down from more than 40 in 1980.

The high capital costs of establishing new railroads and the need for extensive operations to be close to a large number of consumer markets has limited the entry of new players into the market... 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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