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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 - Starting a New Business Chapter

Overall, the Rail Transportation industry has high barriers to entry. A company wishing to enter this industry must have large reserves of capital funding to either purchase or lease rail lines, locomotives and cars. The large capital outlays result in initial low rates of return on capital, which discourages many new entrants. This is especially true for companies that wish to compete with Class 1 operators. Even at the regional and local level, the barriers to entry are equally high because Class I rail carriers are increasingly acquiring short-line operators to expand their operations. Short-line operators feed and deliver traffic to and from mainline railways, originating nearly 20.0% of the top two players' freight carload traffic... 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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