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Rail Transportation in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Rail Transportation in Canada Market Research Report | NAICS 48211CA | May 2014

Miles away: Increased consumer spending and the cost effectiveness of rail services will boost revenue

IBISWorld’s Rail Transportation market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 09-14
5.9%
Annual Growth 14-19
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Profit
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Employment
35,960
Businesses
47
Industry Analysis & Industry Trends

The Canadian Rail Transport industry is displaying strong and steady growth amidst a global resurgence in train popularity. The growing attractiveness of rail is derived from the increased fuel efficiency, cost effectiveness and mobility of this form transportation as compared with other modes of transport. These advantages are not inherent in rail transportation but are the result of increasing capital investment by industry operators over the five years to 2014. Consequently, in the five years to 2019, the industry is set to improve at a more sustainable rate and IBISWorld expects industry revenue to increase... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Rail Transportation industry has a high level of concentration, with the top three companies accounting for about 87.7% of total industry revenue in 2014. Canadian National Railway (CN) and Canadian Pacific Railway (CPR) are the two dominant freight rail operators in Canada. The companies are both Class I railways, which means that their annual revenue exceeds $250.0 million. According to the Railway Association of Canada, Canadian rail is the third-largest rail network in the world. According to Transport Canada, CN and CPR together represent more than 95.0% of Canada's annual rail tonne-kilometres, more than 75.0% of the industry's tracks, and three-quarters of overall tonnage carried by the rail sector... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Rail Transportation Industry?

Industry operators primarily manage railways, including long-haul or mainline railways, short-haul railways and passenger railways. This industry excludes the operation of street railways and urban rapid transit, tourist and scenic trains, or switching and terminal railways.

Industry Products
Intermodal freight transportationBulk freight transportationPassengers transportation
 
Industry Activities
Transporting freight by mainline railways Transporting freight by short line raiwaysTransporting passengers by railways


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