SEARCH   
MEMBER LOGIN    
Forgot Password?

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 | Aug 2016

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

IBISWorld’s Rail Transportation market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$66bn
Annual Growth 11-16
-2.6%
Annual Growth 16-21
Add to Cart
Profit
Add to Cart
Employment
161,515
Businesses
563
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 Analysis Chapter

While industry revenue grew strongly early in the period, it experienced heavy declines in 2015 and 2016. Collectively, 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. Initially, fluctuations in the price of oil also made rail transportation more competitive compared with other forms of transportation; this issue has particularly affected freight trucking because, according to major industry player CSX, trains are estimated to be four times

more fuel efficient than trucks on a per-ton, per-mile basis. Nevertheless, the sharp declines in oil prices have

ultimately created some headwinds for industry operators... 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


View Sample
Quote
Select Clients