Industry demand has grown steadily over the five years to 2017 as the growth of the US economy spurred increased demand for rail freight transport. Growth in trade volumes and increased federal investment in rail infrastructure have both contributed to increased industry demand. Moving forward, industry revenue is anticipated to continue growing over the next five years. With the US economy forecast to grow strongly, demand for rail freight shipping is anticipated to expand, in turn, boosting demand for industry services.
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.