The passenger train movements in the US have shown significant fluctuations over the past decade. In 2023, the movement stood at 184.62 million train-kilometers. From 2013 to 2019, there was a relatively stable and gradual increase, peaking at 181.76 in 2019. However, 2020 experienced an enormous drop of 43.77%, attributed likely to the pandemic. Subsequent years saw a recovery, with a notable 70.31% year-on-year increase in 2021 and consistent growth culminating in 2023. The long-term CAGR from 2018 to 2023 is modest at 0.32%, indicating steady recovery and growth.
Future trends to watch for include the continued recovery post-pandemic, potential impacts of infrastructure investments, and increased focus on sustainable and efficient transport solutions. Projected growth remains modest but stable, with a forecasted CAGR of 0.32% over the next five years, suggesting gradual but steady improvement in passenger train movements.
