United States (US) Rail Freight Market Summary, Competitive Analysis and Forecast to 2028

Rail Freight in the United States industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

The rail freight market encompasses the transportation of goods by rail. This involves the movement of freight from one point to another, and the revenues generated from such transportation are included in this market.
The US rail freight sector recorded revenues of $68.19 billion in 2023, representing a negative compound annual growth rate (CAGR) of 2.3% between 2018 and 2023.
Sector consumption volumes declined with a negative CAGR of 2.3% between 2018 and 2023, to reach a total of 2.24 trillion FTK in 2023.
The US accounts for 23.7% of the market share in the global rail freight sector.

Scope

Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the rail freight market in the United States
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the rail freight market in the United States
Leading company profiles reveal details of key rail freight market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the United States rail freight market with five year forecasts

Reasons to Buy

What was the size of the United States rail freight market by value in 2023?
What will be the size of the United States rail freight market in 2028?
What factors are affecting the strength of competition in the United States rail freight market?
How has the market performed over the last five years?
Who are the top competitors in the United States's rail freight market?

1 Executive Summary

1.1. Market value
1.2. Market value forecast
1.3. Market volume
1.4. Market volume forecast
1.5. Geography segmentation
1.6. Market rivalry
1.7. Competitive landscape

2 Market Overview

2.1. Market definition
2.2. Market analysis

3 Market Data

3.1. Market value
3.2. Market volume

4 Market Segmentation

4.1. Geography segmentation

5 Market Outlook

5.1. Market value forecast
5.2. Market volume forecast

6 Five Forces Analysis

6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry

7 Competitive Landscape

7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What are the strengths of the leading players?

8 Company Profiles

8.1. Burlington Northern Santa Fe, LLC
8.2. Union Pacific Corporation
8.3. Norfolk Southern Corporation
8.4. CSX Corporation

9 Macroeconomic Indicators

9.1. Country data

10 Appendix

10.1. Methodology
10.2. Industry associations
10.3. Related Research
10.4. About the Publisher

List of Tables

Table 1: United States rail freight sector value: $ million, 2018-23
Table 2: United States rail freight sector volume: million FTK, 2018-23
Table 3: United States rail freight sector geography segmentation: $ million, 2023
Table 4: United States rail freight sector value forecast: $ million, 2023-28
Table 5: United States rail freight sector volume forecast: million FTK, 2023-28
Table 6: Burlington Northern Santa Fe, LLC: key facts
Table 7: Burlington Northern Santa Fe, LLC: Key Employees
Table 8: Union Pacific Corporation: key facts
Table 9: Union Pacific Corporation: Annual Financial Ratios
Table 10: Union Pacific Corporation: Key Employees
Table 11: Norfolk Southern Corporation: key facts
Table 12: Norfolk Southern Corporation: Annual Financial Ratios
Table 13: Norfolk Southern Corporation: Key Employees
Table 14: Norfolk Southern Corporation: Key Employees Continued
Table 15: CSX Corporation: key facts
Table 16: CSX Corporation: Annual Financial Ratios
Table 17: CSX Corporation: Key Employees
Table 18: CSX Corporation: Key Employees Continued
Table 19: United States size of population (million), 2019-23
Table 20: United States gdp (constant 2005 prices, $ billion), 2019-23
Table 21: United States gdp (current prices, $ billion), 2019-23
Table 22: United States inflation, 2019-23
Table 23: United States consumer price index (absolute), 2019-23
Table 24: United States exchange rate, 2019-23

List of Figures

Figure 1: United States rail freight sector value: $ million, 2018-23
Figure 2: United States rail freight sector volume: million FTK, 2018-23
Figure 3: United States rail freight sector geography segmentation: % share, by value, 2023
Figure 4: United States rail freight sector value forecast: $ million, 2023-28
Figure 5: United States rail freight sector volume forecast: million FTK, 2023-28
Figure 6: Forces driving competition in the rail freight sector in the United States, 2023
Figure 7: Drivers of buyer power in the rail freight sector in the United States, 2023
Figure 8: Drivers of supplier power in the rail freight sector in the United States, 2023
Figure 9: Factors influencing the likelihood of new entrants in the rail freight sector in the United States, 2023
Figure 10: Factors influencing the threat of substitutes in the rail freight sector in the United States, 2023
Figure 11: Drivers of degree of rivalry in the rail freight sector in the United States, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Burlington Northern Santa Fe, LLC
Union Pacific Corporation
Norfolk Southern Corporation
CSX Corporation

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Key Highlights

Scope

Reasons to Buy

Table of Contents

Companies Mentioned (Partial List)

Related Topics

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