Rail Freight in the United States
Rail Freight in the United StatesSummary
Rail Freight in the United States industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2013-17, and forecast to 2022). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Synopsis
Essential resource for top-line data and analysis covering the United States rail freight market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Key Highlights
- The rail freight sector is defined as consisting of revenues generated from freight transportation by rail.
- The US rail freight sector had total revenues of $60.8bn in 2017, representing a compound annual rate of change (CARC) of -1.3% between 2013 and 2017.
- Sector consumption volumes declined with a CARC of -1.8% between 2013 and 2017, to reach a total of 2,359,789.8 million FTK in 2017.
- A series of accidents in the US rail freight sector have taken place in recent years most notably the incident at Mount Carbon in 2015 where a train carrying oil derailed and 19 cars subsequently caught fire and caused an oil spill in the wider area. Such incidents have forced the authorities to introduce new regulatory measures including the phasing out of older tank cars in favor of new.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the rail freight market in the United States
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the rail freight market in the United States
- Leading company profiles reveal details of key rail freight market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United States rail freight market with five year forecasts by both value and volume
Reasons to buy
- What was the size of the United States rail freight market by value in 2017?
- What will be the size of the United States rail freight market in 2022?
- What factors are affecting the strength of competition in the United States rail freight market?
- How has the market performed over the last five years?
- How large is the United States’s rail freight market in relation to its regional counterparts?
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