Intermodal Freights are Leading the Europe & CIS Rail Freight Transportation Market during Forecast Period

The growth of the Europe & CIS Rail Freight Transportation Market in the forecast period is being driven by increasing goods transport among countries and investments in rail infrastructure.

 

According to TechSci Research report, “Europe & CIS Rail Freight Transportation Market - By Region, Competition Forecast & Opportunities, 2018-2028,” the Rail Freight Transportation Market in Europe & CIS refers to the rail transport of goods and commodities across different countries in Europe and the CIS region. The rail freight transportation market includes the infrastructure, services, and operations involved in the transportation of freight by rail across the European continent. The Rail freight market caters to various types of freight such as coal & coke, minerals & ores, food grains, cement & clinker, chemical manures, iron & steel, petroleum products & gases, container services, etc. Europe and CIS rail freight transportation market provide services in three main freight categories, including Unit Trains, Carload Freight, and Intermodal Freight. Additionally, rail freight is seen as a more environmentally friendly mode of freight transport than other modes. The growth of the European rail freight transportation market is largely attributed to an increase in trade, supply chain optimization, and sustainability. The rail freight market refers to the transportation of goods and containers by rail across different countries in Europe and the CIS. The growth of Europe's rail freight market can be attributed to a number of factors, including an increase in trade, supply chain optimization, and sustainability. The rail freight transportation market comprises the infrastructure, services, and operations that take place to transport goods and commodities by rail across Europe and the CIS. The rail freight market covers a wide range of goods and services, including coal & coke, minerals & ores, food grains, cement & clinker, iron & steel, petroleum products & gases, container services. Overall, with the above considerations, Europe & CIS rail freight transportation market is expected to grow at a higher rate in the coming years.

Europe has established several energy policy use scenarios that mainly involve renewable energy. Additionally, Europe's green transformation is taking place across the entire socio-economic ecosystem, including rail freight. Freight trains are now five times more energy efficient than lorries, and an increasing number of freight transport companies are utilizing hydrotreated vegetable oil (HVO) as a biofuel, which significantly reduces carbon dioxide emissions compared to diesel fuel. This has resulted in the rapid expansion of the Europe and CIS rail freight transportation market.

Many agencies and organizations are contributing to this growth through the implementation of standardized telematics interfaces for European rail freight services and tracing, which include e-consignment notes, improved e-capacity offerings to customers, and electronic real-time tracking of shipments/wagons. DB Cargo has announced the use of HVO biofuel in 2023, which is expected to reduce nearly 90% of carbon emissions from rail freight transportation. Additionally, in 2022, DB Cargo Group won the contract for the sewer sludge tender for the region of Vorarlberg, to transport up to 12,000 tonnes of sewage sludge to Lower Austria each year through MOBILER (Mobile Logistics). In 2023, the Rail Cargo Group signed a long-term logistics agreement with the companies responsible for the transportation of raw materials, finished goods, and other goods at Voestalpine Location in Linz. Overall, with the aforementioned developments and collaborations, the Europe & CIS rail freight transportation market has the potential to grow in the upcoming years.

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The Europe & CIS Rail Freight Transportation Market can be segmented based on freight category, transport area, country, and competitive landscape. The freight category is divided into three segments, including Unit Trains, Carload Freight, and Intermodal Freight. Based on the transport area, it is further segmented into International Transport and National Transport. Furthermore, based on country the market is divided into Germany, United Kingdom, France, Russia, Spain, Italy, Sweden, Poland, Austria, Czech Republic, and the Rest of Europe & CIS.

 

Key market players in the Europe & CIS Rail Freight Transportation Market include:

• DB Cargo
• SNCF Group
• Rail Cargo Group
• PKP Cargo
• TX Logistik AG
• SBB Cargo International
• Green Cargo
• ČD Cargo
• Freightliner Group Ltd
• ZSSK CARGO

 

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“The use of rail freight transport has increased in the past few years due to increased logistics demand and developing rail infrastructure in the European region. Furthermore, intermodal freight has gained popularity due to its advantages over other segments, and it is expected to maintain its lead in the coming years,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.

“Europe & CIS Rail Freight Transportation Market By Freight Category (Unit Trains, Carload Freight, Intermodal Freight), By Transport Area (International Transport, National Transport), and By Country, Competition Forecast & Opportunities, 2018- 2028,” has evaluated the future growth potential of Europe & CIS Rail Freight Transportation Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Europe & CIS Rail Freight Transportation Market.

 

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