Rail Transportation in the US
As companies seek to promote environmentally friendly practices, they have turned to more fuel-efficient rail transporters to move their goods. The growth of oil production during the early parts of the five-year period encouraged energy companies to use rails to transport their oil as the pipeline networks struggled to keep up with production. As manufacturing production increases and consumers begin to spend more, demand for rail transportation services will increase. Further, the recovery of oil prices is likely to result in observable increases in fuel surcharges over the next five years to 2022.
The Rail Transportation industry comprises companies that operate railroads across the United States. This includes large railroads (Class 1 railroads) and regional and local line-haul railroads that carry freight and passengers. This industry does not include scenic and sightseeing rail transportation, street railroads, commuter rail or rapid transit.
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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