Industry Analysis & Industry Trends
The United Kingdom boasts the world's oldest railway system and has one of the 20 largest rail networks in the world. Industry operators move goods on main-line rail networks and dedicated short-line railways. After privatisation in the 1990s, freight rail transport remains dominated by a small number of major providers due to the high barriers to entry and the economies of scale that exist for current operators. In 2016-17, the four largest players in the industry are expected to generate 88.7% of industry revenue.
The performance of the industry is influenced by the total amount of freight carried on railways, the level of business confidence and competition from road freight... purchase to read more
Industry Report - Industry Analysis Chapter
The Freight Rail Transport industry conveys containerised consumer goods and bulk commodities such as construction materials, coal, metals and oil. The performance of the industry is mainly driven by the amount of freight carried on the British rail network, business confidence levels, competition from other types of freight and demand from key markets such as construction and electricity production. The amount of freight carried is also influenced by the level of international trade. This is determined by the strength of the UK economy and the economies of its major trade partners. In 2016-17, the industry is expected to generate revenue of £921.9 million, a 1.9% decrease on the previous year. IBISWorld expects revenue to contract at a compound annual rate of 0.8% o.. purchase to read more