Albany, NY -- (SBWIRE) -- 08/16/2017 -- Rail freight transportation is used for the movement of heavy goods such as coal, metals, and oils. Often, rail freight service providers go beyond logistics and provide value-added services such as loading and unloading, documentation services, and packaging. They also provide strategic and operational services to many shippers worldwide. Freight service providers are improving logistics services by introducing innovative supply chain management.
The rail freight transportation market in North America to grow at a CAGR of 5.57% during the period 2017-2021. The report covers the present scenario and the growth prospects of the rail freight transportation market in North America for 2017-2021. To calculate the market size, the report considers the rail freight services provided by the vendors in North America.
The market is divided into the following segments based on geography:
- Canada
- Mexico
- The US
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Technavio's report, Rail Freight Transportation Market in North America 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
- CN Railway
- CSX
- Kansas City Southern
- Union Pacific
Other prominent vendors
- BNSF
- Canadian Pacific
- DB Schenker
- Ferromex
- GeoMetrix Rail Logistics
- Genesee & Wyoming
- Hub Group
- Norfolk Southern
- RSI Logistics
Market driver
- Environmental efficiency of rail transportation
- For a full, detailed list, view our report
Market challenge
- Increase in rail freight congestion
- For a full, detailed list, view our report
Market trend
- Increasing congestion on roads and highways
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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