Rail Logistics Summary
The global Rail Logistics market will reach Million USD in 2019 and with a CAGR xx% between 2020-2026.
The market is concentrated, with few companies offering services and catering to the needs of the market’s customer base. With rising investments and government initiatives to promote trade between countries, new players are expected to enter the market during the forecast period. Nippon Express Co. Ltd., Rail Cargo Group, Russian Railways, Union Pacific Corp., and United Parcel Service Inc. are some of the major market participants. Although the increased demand for rail logistics due to rising trade will offer immense growth opportunities, lack of door-to-door delivery services with fixed delivery timings will challenge the growth of the market participants
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Middle East & Africa
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