The global rail freight transport market is expected to exhibit a CAGR of about 2% during the forecast period 2020-2025

New York, Sept.

07, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "RAIL FREIGHT TRANSPORT MARKET- GROWTH, TRENDS, AND FORECAST (2020 - 2025)" - https://www.reportlinker.com/p05962024/?utm_source=GNW
The non-containerized cargo and liquid bulk dominate the type of cargo transported by rail while the growth of Intermodal transport is boosting the transport of containerized cargo. Intermodal cargo is estimated to witness high growth over the forecast period. Similarly, with the rise in international trade and the countries recognizing the benefits of rail freight transport, cross-border rail freight transport is gaining huge momentum across different parts of the world.

In some regions of Central Asia, Eastern Europe, South Asia, Southeast Asia, and Sub-Saharan Africa characterized by groupings of many small countries, rail freight can increase economic integration by providing access to international and regional markets and connecting landlocked countries.Clare: [email protected]: (339)-368-6001Intl: +1 339-368-6001

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