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Road Freight Transportation Market in North America 2017-2021

Road Freight Transportation Market in North America 2017-2021

About Rail Freight Transportation

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.

Technavio’s analysts forecast the rail freight transportation market in North America to grow at a CAGR of 5.57% during the period 2017-2021.

Covered in this report

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
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.

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?


Press Release

PR

Technavio Announces the Publication of its Research Report – Rail Freight Transportation Market in North America 2017-2021

Technavio recognizes the following companies as the key players in the rail freight transportation market in North America: CN Railway, CSX, Kansas City Southern, and Union Pacific.

Other Prominent Vendors in the market are: BNSF, Canadian Pacific, DB Schenker, Ferromex, GeoMetrix Rail Logistics, Genesee & Wyoming, Hub Group, Norfolk Southern, and RSI Logistics.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is increasing congestion on roads and highways. The transportation of goods over North American roads is getting more difficult due to high congestion on highways as well as urban areas, which causes a delay in deliveries and high fuel consumption. Thus, shippers are switching to rail transportation as it is more cost effective and reliable.”

According to the report, one of the major drivers for this market is environmental efficiency of rail transportation. Compared with other modes of transportation rail freight transportation has a lower impact on the environment and provides 55% more fuel efficiency. In addition, transportation through rail freight also reduces highway congestion, which directly results in lower greenhouse gas emissions and pollutions levels.

Further, the report states that one of the major factors hindering the growth of this market is increase in rail freight congestion. Increased transportation of freight volume of commodities across the US and the growing trade activities between the US and Mexico have resulted in an increase in the volumes of freight being carried across railroads. This has, in turn, resulted in increased traffic on the rail freight lines.

Companies Mentioned

CN Railway, CSX, Kansas City Southern, Union Pacific, BNSF, Canadian Pacific, DB Schenker, Ferromex, GeoMetrix Rail Logistics, Genesee & Wyoming, Hub Group, Norfolk Southern, RSI Logistics.

  • Executive summary
  • Scope of the report
    • Market overview
    • Vendor offerings
      • Table Service offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Comparison of modes of transportation of major commodities in North America 2015 (% volume)
    • Market size and forecast
      • Table Road freight transportation market in North America 2015-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type of carrier
    • Road freight transportation market in North America by type of carrier
      • Table Type of carriers in road freight transportation market in North America
    • Road freight transportation market in North America by type of carrier
      • Table Road freight transportation market in North America by type of carrier 2016 (% share)
      • Table Road freight transportation market in North America by type of carrier 2016-2021($billions)
    • Road freight transportation market in North America by full truckload
      • Table Road freight transportation market in North America by full truckload 2016-2021 ($ billions)
    • Road freight transportation market in North America by lessthan truckload
      • Table Road freight transportation market in North America by less-than truckload 2016- 2021 ($ billions)
  • Key leading countries
    • Table Key leading countries
    • Table Road freight transportation market in North America 2016 and 2021 (% revenue share)
    • Table Road freight transportation market in US 2016-2021 ($ billions)
    • Table Road freight transportation market in Mexico 2016-2021 ($ billions)
    • Table Road freight transportation market in Canada 2016-2021 ($ billions)
  • Market drivers
    • Table Economic indicators in US 2016-2020 (%)
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
  • Vendor landscape
    • Competitive scenario
  • Key vendor profiles
    • UPS
      • Table UPS: Business segmentation by revenue 2015 (% share)
      • Table UPS: Geographical segmentation by revenue 2015 (% share)
      • Table Recent developments
    • FedEx Freight
      • Table FedEx Freight: Business segmentation by revenue 2016 (% share)
      • Table FedEx: Business segmentation by revenue 2015 and 2016 (% revenue)
      • Table FedEx: Geographical segmentation by revenue 2016 (% share)
      • Table Recent developments
    • J.B. Hunt Transport Services
      • Table J.B. Hunt Transport Services: Business segmentation by revenue 2015 (% share)
      • Table J.B. Hunt Transport Services: Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table J.B. Hunt Transport Services: Geographical segmentation
      • Table Recent developments
    • YRC Worldwide
      • Table YRC: Business segmentation by revenue 2015 (% share)
      • Table YRC: Business segmentation by revenue 2014 and 2015 ($ billions)
      • Table Recent developments
    • Swift Transportation
      • Table Swift Transportation: Business segmentation by revenue 2015 (% share)
      • Table Swift Transportation: Business segmentation by revenue 2014 and 2015 ($ millions)
    • Schneider National
      • Table Schneider National: Geographical segmentation
      • Table Recent developments
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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