Companies in this industry operate local and suburban commuter rail systems. Major companies include China Railway, Hong Kong-based MTR Corporation, New York City Transit Authority, France-based SNCF, Tokyo Metro, and Finland's VR-Group.
Demand is driven by population growth and density, particularly in metropolitan areas. The profitability of individual companies depends on efficient operations. Large companies have advantages in absorbing large operational and capital costs. Small companies can compete effectively by entering new markets. The US industry is highly concentrated: a handful of companies generate most of the industry's revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Commuter rail services operate local and suburban routes, primarily during peak morning and evening travel periods. Commuter rail uses technology common to existing freight railroad systems, has stations typically spaced 2-7 miles apart, and operates at moderate speeds (18-55 miles per hour).