United States (US) Rail Freight Market Summary, Competitive Analysis and Forecast to 2028
Summary
Rail Freight in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). 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 market encompasses the transportation of goods by rail. This involves the movement of freight from one point to another, and the revenues generated from such transportation are included in this market.
The US rail freight sector recorded revenues of $68,197.9 million in 2023, representing a negative compound annual growth rate (CAGR) of 2.3% between 2018 and 2023.
Sector consumption volumes declined with a negative CAGR of 2.3% between 2018 and 2023, to reach a total of 2,246,324.9 million FTK in 2023.
The US accounts for 23.7% of the market share in the global rail freight sector.
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
Reasons to Buy
What was the size of the United States rail freight market by value in 2023?
What will be the size of the United States rail freight market in 2028?
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's rail freight market?
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
3.2. Market volume
4 Market Segmentation
4.1. Geography segmentation
5 Market Outlook
5.1. Market value forecast
5.2. Market volume forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?
8 Company Profiles
8.1. Burlington Northern Santa Fe, LLC
8.2. Union Pacific Corporation
8.3. Norfolk Southern Corporation
8.4. CSX Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related MarketLine research
10.4. About MarketLine
List of Tables
Table 1: United States rail freight sector value: $ million, 2018-23
Table 2: United States rail freight sector volume: million FTK, 2018-23
Table 3: United States rail freight sector geography segmentation: $ million, 2023
Table 4: United States rail freight sector value forecast: $ million, 2023-28
Table 5: United States rail freight sector volume forecast: million FTK, 2023-28
Table 6: Burlington Northern Santa Fe, LLC: key facts
Table 7: Burlington Northern Santa Fe, LLC: Key Employees
Table 8: Union Pacific Corporation: key facts
Table 9: Union Pacific Corporation: Annual Financial Ratios
Table 10: Union Pacific Corporation: Key Employees