In 2023, locomotive unit-kilometres in Canada stood at a baseline from which the subsequent years show a projected decline. Forecast data from 2024 to 2028 indicates a steady decrease, with year-on-year variations suggesting a minor reduction each year. By 2028, a decrease from 2024 is evident, reflecting a continuous downtrend.
Key trends to watch for:
- Challenges in railway infrastructure that could affect locomotive distances.
- The impact of environmental regulations on locomotive operations and efficiency.
- Potential advancements in technology leading to more efficient or reduced operations.