The forecasted number of cars per freight train in Canada shows a consistent upward trend from 2024 to 2028, growing from 128 to 136.8. This growth reflects a steady increase in efficiency for freight train operations. In 2023, this figure was slightly lower but on a consistent upward trajectory, indicating continuous enhancements in logistics and transportation processes.
Year-on-year variations indicate a growth of approximately 1.7% to 1.8% annually. The compound annual growth rate (CAGR) across the five years from 2024 to 2028 reflects a stable increase, affirming steady improvements in the freight sector.
Future trends to watch for include technological advancements in rail transport, potential shifts in freight demand, and adjustments in regulatory measures affecting transportation logistics. Monitoring these will be crucial for continued growth in the number of cars per freight train.
