Rail Freight in the United States
SummaryRail Freight in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
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 $59.8 billion in 2022, representing a negative compound annual growth rate (CAGR) of 0.3% between 2017 and 2022.
- Sector consumption volumes declined with a negative CAGR of 1.9% between 2017 and 2022, to reach a total of 2,225.9 billion units in 2022.
- The US rail freight revenue showed a decline as the economy remained volatile in 2022 and inflation rate remained high. Weaker revenues have been experienced as a result of falling demand for commodities such as oil and coal, which have traditionally relied on rail freight transportation.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, 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 2022?
- What will be the size of the United States rail freight market in 2027?
- 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?
- Who are the top competitors in the United States' rail freight market?
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