Asia-Pacific’s rail freight market accounts for the largest share in the global rail freight market.
The rail freight transportation market consists of sales of rail freight transportation services by entities (organizations, sole traders and partnerships) that provide the carriage of goods from a point of loading, or goods station, to a point of unloading, again a station capable of handling the loading and unloading of the goods carried. These goods are generally heavy in bulk and of low value in relation to their bulk. Examples include coal, building materials, iron and steel.
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According to the global rail industry outlook, the rail freight market is expected to reach a value of nearly $159 billion by 2022, significantly growing at a growth rate of around 15% during the forecast period. The growth in the rail freight market is due to developing infrastructure and adoption of advanced technologies.
However, the market for rail freight is expected to face certain restraints from several factors such as restrictions imposed on foreign entry and other barriers.
Tracking and tracing systems of rail freight using GPS and GSM helps the transportation organizations to overcome the rail freight transportation drawbacks such as lost and theft. It provides full-fledged security and monetarization of freights and more effective and efficient freight transportation over short distances for smaller loads.
Major players in the global rail freight market include CN Railway, SBB Cargo, SNCF, DB Schenker, and Duetsche Bahn AG.
Canadian National is a Canadian Class I freight railway headquartered in Montreal, Quebec that serves Canada and the Midwestern and Southern United States. CN is Canada’s largest railway, in terms of both revenue and the physical size of its rail network, and is Canada’s only transcontinental railway company, spanning Canada from the Atlantic coast in Nova Scotia to the Pacific coast in British Columbia across about 20,400 route miles (32,831 km) of track. Request A Sample Of The Global Rail Freight Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=2249&type=smp
Points from Table of Contents:
4. Rail Freight Market Product Analysis
4.1. Leading Products/ Services
4.2. Key Features and Differentiators
4.3. Development Products
5. Rail Freight Market Supply Chain
5.1. Supply Chain
5.3. End Customers
6. Rail Freight Market Customer Information
6.1. Customer Preferences
6.2. End Use Market Size and Growth
7. Rail Freight Market Trends And Strategies
8. Rail Freight Market Size And Growth
8.1. Market Size
8.2. Historic Market Growth, Value ($ Billion)
8.2.1. Drivers Of The Market
8.2.2. Restraints On The Market
8.3. Forecast Market Growth, Value ($ Billion)
8.3.1. Drivers Of The Market
8.3.2. Restraints On The Market
9. Rail Freight Market Regional Analysis
9.1. Global Rail Freight Market, 2018, By Region, Value ($ Billion)
9.2. Global Rail Freight Market, 2014 – 2022, Historic And Forecast, By Region
9.3. Global Rail Freight Market, Growth And Market Share Comparison, By Region
10. Rail Freight Market Segmentation
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