United States Rail Freight Transport Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The United States Rail Freight Transport Market is segmented by Type of Cargo (Containerized (Includes Intermodal), Non-containerized, Liquid Bulk), By Destination (Domestic, International), and By Service Type (Transportation, Services Allied to Transportation (Maintenance of Railcars and Rail Tracks, Switching of Cargo, and Storage)). The report offers market sizes and forecasts in value (USD billion) for all the above segments.

United States Rail Freight Transport Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

US Rail Freight Transport Industry Overview

The rail freight transport market is moderately consolidated in nature, with a mix of global and local players. According to industry sources, the rail industry has been facing huge competition from its similar service providers, road and air transporters, since the last decade. The united states are heavily investing in railroad infrastructural developments. There are some major freight railroads that connect North America. Union Pacific and BNSF dominate the west. CSX and Norfolk Southern are the primary east coast operators, while Kansas City Southern, along with Canadian Pacific and Canadian National run routes north and south. Amtrak, which is the United State's passenger service, owns only 3% of the country's rail.

US Rail Freight Transport Market Leaders

  1. Union American

  2. BNSF Railway

  3. CSX

  4. Norfolk Southern Corp.

  5. Genesee & Wyoming Inc.

  6. *Disclaimer: Major Players sorted in no particular order
United States Rail Freight Transport Market Concentration

United States Rail Freight Transport Report Snapshots

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