Rail Transportation in the US - Industry Market Research Report

Rail Transportation in the US - Industry Market Research Report

Rail Transportation in the US

Demand for rail transportation has been turbulent in recent years. The outbreak of COVID-19 greatly hindered demand; industrial production and manufacturing were temporarily halted in 2020. Also, oil prices plummeted in 2020, making truck transportation more attractive since its route planning is more flexible and freight rates per ton are often low, further hindering demand.

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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.