US Rail Freight Transport Market AnalysisThe size of United States Rail Freight Transport Market is USD 69.1 billion in the current year and is anticipated to register a CAGR of over 9% during the forecast period.
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Today, nearly 20 per cent of all European passenger journeys take place in the UK. This also makes the network the fastest growing in Europe. Rail passenger growth has outperformed population and employment growth and is double the rate of growth of GDP.
Why are UK trains so expensive? One of the main reasons the price of train tickets keeps rising is the privatisation of rail networks, with every private company striving to make a profit.