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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 | Jul 2015

The right track: Recent capital investments boost railway efficiency and profitability

IBISWorld’s Rail Transportation market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 10-15
4.2%
Annual Growth 15-20
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Profit
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Employment
37,160
Businesses
48
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 flexibility 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 2015. Consequently, in the five years to 2020, the industry is set to improve at a more sustainable rate and IBISWorld expects industry revenue to increase. This is because freight volumes are expected to grow as the overall economy and labour market continue to improve... purchase to read more

Industry Report - Industry Products Chapter

Freight transportation

The majority of industry revenue is derived from providing freight transportation services. Operationally, freight services can be divided into intermodal and bulk freight services. Bulk freight transportation refers to the transportation of unpackaged commodity cargo in large quantities, which can be either dry or liquid. Dry freight is used for most traditional commodities like coal, grains, cement and bulk minerals. Liquid bulk cargo can range between liquid edibles and nondangerous liquids such as cooking oil, milk and fruit juices and nonedible and dangerous liquids such as crude oil, liquid nitrogen and gasoline. Increasingly, oil producers in North America are relying on rail to transport crude oil in lieu of oil pipelines... 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 railwaysTransporting passengers by railways


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