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United States (US) Rail Freight Market Summary, Competitive Analysis and Forecast to 2027

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    Report

  • 62 Pages
  • March 2023
  • Region: United States
  • MarketLine
  • ID: 5835190
Rail 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?

Table of Contents

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. Which companies offer substitutes for the main industry?
8 Company Profiles
8.1. BNSF Railway Co
8.2. Canadian National Railway Co
8.3. Canadian Pacific Railway Ltd
8.4. CSX Corporation
8.5. Norfolk Southern Corporation
8.6. Kansas City Southern
8.7. Union Pacific Corporation
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher
List of Tables
Table 1: United States rail freight sector value: $ million, 2017-22
Table 2: United States rail freight sector volume: million units, 2017-22
Table 3: United States rail freight sector geography segmentation: $ million, 2022
Table 4: United States rail freight sector value forecast: $ million, 2022-27
Table 5: United States rail freight sector volume forecast: million units, 2022-27
Table 6: BNSF Railway Co: key facts
Table 7: BNSF Railway Co: Key Employees
Table 8: Canadian National Railway Co: key facts
Table 9: Canadian National Railway Co: Annual Financial Ratios
Table 10: Canadian National Railway Co: Key Employees
Table 11: Canadian National Railway Co: Key Employees Continued
Table 12: Canadian Pacific Railway Ltd: key facts
Table 13: Canadian Pacific Railway Ltd: Annual Financial Ratios
Table 14: Canadian Pacific Railway Ltd: Key Employees
Table 15: Canadian Pacific Railway Ltd: Key Employees Continued
Table 16: CSX Corporation: key facts
Table 17: CSX Corporation: Annual Financial Ratios
Table 18: CSX Corporation: Key Employees
Table 19: Norfolk Southern Corporation: key facts
Table 20: Norfolk Southern Corporation: Annual Financial Ratios
Table 21: Norfolk Southern Corporation: Key Employees
Table 22: Norfolk Southern Corporation: Key Employees Continued
Table 23: Kansas City Southern: key facts
Table 24: Kansas City Southern: Key Employees
Table 25: Kansas City Southern: Key Employees Continued
Table 26: Union Pacific Corporation: key facts
Table 27: Union Pacific Corporation: Annual Financial Ratios
Table 28: Union Pacific Corporation: Key Employees
Table 29: United States size of population (million), 2018-22
Table 30: United States gdp (constant 2005 prices, $ billion), 2018-22
Table 31: United States gdp (current prices, $ billion), 2018-22
Table 32: United States inflation, 2018-22
Table 33: United States consumer price index (absolute), 2018-22
Table 34: United States exchange rate, 2018-22
List of Figures
Figure 1: United States rail freight sector value: $ million, 2017-22
Figure 2: United States rail freight sector volume: million units, 2017-22
Figure 3: United States rail freight sector geography segmentation: % share, by value, 2022
Figure 4: United States rail freight sector value forecast: $ million, 2022-27
Figure 5: United States rail freight sector volume forecast: million units, 2022-27
Figure 6: Forces driving competition in the rail freight sector in the United States, 2022
Figure 7: Drivers of buyer power in the rail freight sector in the United States, 2022
Figure 8: Drivers of supplier power in the rail freight sector in the United States, 2022
Figure 9: Factors influencing the likelihood of new entrants in the rail freight sector in the United States, 2022
Figure 10: Factors influencing the threat of substitutes in the rail freight sector in the United States, 2022
Figure 11: Drivers of degree of rivalry in the rail freight sector in the United States, 2022

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • BNSF Railway Co
  • Canadian National Railway Co
  • Canadian Pacific Railway Ltd
  • CSX Corporation
  • Norfolk Southern Corporation
  • Kansas City Southern
  • Union Pacific Corporation

Table Information