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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 | Feb 2016

Fully trained: Freight volumes are expected to grow with overall economy, boosting demand

IBISWorld’s Rail Transportation market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$14bn
Annual Growth 11-16
3.6%
Annual Growth 16-21
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Profit
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Employment
32,440
Businesses
46
Industry Analysis & Industry Trends

The Rail Transportation industry is emerging as the mainstay in Canadian freight transportation. During the recession, the industry found itself at its lowest point in decades. This decline was short lived, however, as industry revenue recovered in the following years, leaving operators well positioned to expand during recovery and after. In the coming years, the industry may benefit from upcoming capital programs, which can become revenue-generating segments in the future... 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 95.5% of total industry revenue in 2016. 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 railwaysTransporting passengers by railways


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