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Posts tagged to Rail Freight

Global rail freight market continues to stutter as steep decline in the United States makes itself felt, says MarketLine

MarketLine

The global rail freight market hit $188.7 billion in 2016, representing a marginal 0.5% in growth along with a return to positive performance following a 0.4% decline in 2015, according to research firm MarketLine. The company’s latest report states that the market’s fortunes have differed from region to region in recent years, with Asia-Pacific (APAC) and Europe providing much of the growth impetus. The United States, however, which accounts for a vast 30% of the global market, continues to struggle. The country recorded two consecutive years of steep decline in… Read more