Rail Maintenance Services in the US - Industry Market Research Report

IBISWorld
July 24, 2014
36 Pages - SKU: IBSS5411245
Countries covered: United States

Rail Maintenance Services in the US

The Rail Maintenance Services industry has kept America's railcar fleet on track over the past five years. Demand for rail transportation began to decrease as the economy entered the recession. As job losses mounted and disposable income declined, a reduction in global consumer spending resulted in fewer imports and exports. In response, railroads reduced the number of cars in operation and their demand for railcar maintenance services. The industry is expected to grow steadily in the five years to 2019, boosted by a resurgence in rail freight activity and continuing support for rail passenger services. As freight volumes and trade continue to rise over the next five years, industry revenue will be pushed higher. Conversely, improving economic conditions will cause demand for passenger rail to ease as consumers have more disposable income and seek other methods of transportation.

This industry provides specialized services for railroad transportation including servicing, administering routine repairs (exclusive of factory conversion, overhaul or rebuilding of rolling stock), performing maintenance on railcars, loading and unloading of railcars and operating independent rail terminals.

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.




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