As global demand for coal, iron and other resources soars, so does the national freight task and demand for rail freight. Ongoing demand for mining, manufacturing and agriculture is expected to cause this freight task to double by 2020, according to estimates from the Bureau of Infrastructure, Transport and Regional Economics. Over the past five years, rail freight transport revenue has grown at an estimated compound annual rate of 2.4%. This growth rate includes strong pre-crisis and recovery revenue, while overall performance was contained by a drop-off in intermodal traffic in 2008-09 and a flood that affected key markets in 2010-11.
This industry is made up of companies that operate for-hire railways that transport freight; operate terminal or depot facilities for receiving, dispatching or transferring rail freight; or provide services allied to railway transport. The industry also includes the management of rail infrastructure and assets used by the freight rail industry. This industry does not include railroads operated in-house for the transportation of goods.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.