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The intermodals market is expected to grow from $41.28 billion in 2021 to $44.9 billion in 2022 at a compound annual growth rate (CAGR) of 8.8%. The intermodals market is expected to grow to $52.72 billion in 2016 at a CAGR of 4.1%.

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Intermodals Market Driver

The sustainable nature of intermodal rail transport is expected to drive the intermodal market. Unlike truckloads, rails use less fuel and are faster, which makes intermodal transportation energy and cost-efficient. Over the years, rail fuel efficiency has firmly increased, making it the most environmentally sustainable means of transporting goods overland.

Intermodals Market Trends

Organizations are implementing precision scheduled railroading that has been gaining popularity in the intermodal market over recent years. Precision scheduled railroading (PSR) is a plan that includes centralising operations, reducing staff, running fewer, heavier, faster trains, and optimising the network to increase efficiency.

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Intermodals Market Segmentation By The Business Research Company

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, Other Applications

Major Players And Regions Of The Intermodals Market

Major players in the 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, and Kuehen+Nagel Logistics.

North America was the largest region in the intermodals market in 2021.

The Intermodals Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the intermodals market.

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