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