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Thursday, May 25, 2017

N.American Intermodal Growth Pegged at 5.57% in 5 Years

January 4, 2017

Photo: Canadian National Railway Company

Photo: Canadian National Railway Company

 Rail freight shipping and freight transport services across the U.S., Canada, and Mexico 2017 market expected to grow at compound annual growth rate (CAGR) of 5.57%.

 
The analysts at WiseGuyReports forecast the rail freight transportation market in North America to grow at a CAGR of 5.57% during the period 2017-2021.
 
Rail freight transportation is used for the movement of heavy goods such as coal, metals, and oils. Often, rail freight service providers go beyond logistics and provide value-added services such as loading and unloading, documentation services, and packaging. 
 
They also provide strategic and operational services to many shippers worldwide. Freight service providers are improving logistics services by introducing innovative supply chain management.
 
United StatesMexicoNorth America