The Global Intermodals Market Research Report 2021-2030 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
Top Companies in the Global Intermodals Market are Union Pacific Railroad; Canadian National Railway; CSX Transportation; Norfolk Southern Railway; BNSF Railway; DB Schenker; SBB Cargo; CTL Logistics; VTG Rail Logistics; Kuehen+Nagel Logistics; Union Pacific; RSI Logistics; Deutsche Bahn AG; Fedex Corp.; Indian Railways; Japan Freight Railway Company (JR Freight) and others.
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1) By Type: Container-On-Flatcar (Cofc); Trailer-On-Flatcar (Tofc)
2) By Destination: Domestic; International
3) By Application: Oil And Gas; Aerospace And Defense; Industrial And Manufacturing; Construction; Chemical; Food And Beverages; Healthcare; Others
The global intermodals market is expected to grow from $49.48 billion in 2020 to $54.26 billion in 2021 at a compound annual growth rate (CAGR) of 9.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $69.44 billion in 2025 at a CAGR of 6.4%.
The intermodal market consists of sales of intermodal rail freight transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide the transportation of freight in an intermodal container. In this mode, handling of the freight is not done manually when changing a rail carrier, thus increasing the security of the transported product substantially. Only goods and services traded between entities or sold to end consumers are included.
Organizations are implementing precision scheduled railroading that is gaining popularity in the intermodal market over recent years. Precision scheduled railroading (PSR) is a plan that includes centralizing operations, reducing staff, running less, heavier, faster trains, and optimizing the network to increase efficiency. For instance, in April 2019, Norfolk Southern rolled out the precision-scheduled railroading (PSR) plan to improve its services. In addition to this, according to the Railway Gazette International, in 2019, Kansas City Southern has implemented precision scheduled railroading for improved cost structure, improved customer service, and consistent and reliable operations.
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What are the market factors that are explained in the report?
Executive Summary: It includes key trends of the global Intermodals market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Intermodals market based on production and revenue.
Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Intermodals market.
Market Segments: This part of the report discusses product type and application segments of the global Intermodals market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approaches Intermodals used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
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Note: All the reports that we list have been tracking the impact of COVID-19. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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