In 2023, the rail container transport in Canada stood at a lower baseline compared to the forecasted values. From 2024 to 2028, the projections show a steady year-on-year growth starting from 4.6853 million TEUs, with a consistent upward trend to 4.9942 million TEUs by 2028. Analyzing the data, we observe moderate growth with annual increases sustaining a positive progression.
Future trends to watch for include:
- Technological advancements in rail logistics that could enhance efficiency.
- Potential policy changes impacting trade agreements and rail infrastructure.
- Growth in e-commerce which could boost demand for container shipping solutions.