Off the rails: Revenue growth will likely be somewhat constrained despite declining oil prices
Rail transportation in Canada has emerged as a mainstay in Canadian freight transportation. Given Canada's strong connection to trade volumes, the recovery of total trade value has resulted in rail transportation expansion. The added support from retail markets and agricultural demand has also benefited this method of transportation. Overall, revenue is expected to inch down at a CAGR of 0.6% to $19.9 billion through the end of 2023, despite forecast expansion of1.0% in 2023. Profit, similarly, is expected to inch downward to 25.5% of revenue in 2023.
Operators in the Rail Transportation industry in Canada primarily manage railways, including long-haul or mainline railways, short-haul railways and passenger railways. This industry excludes the operation of street railways, tourist and scenic trains, urban rapid transit and switching and terminal railways.
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's key players and their market shares.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Canadian National Railway Company
- Canadian Pacific Railway Limited
Methodology
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