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Saturday, May 25, 2024

Spain looks to take advantage of North American rail freight growth

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Rail industry representatives from Spain are heading to the USA to explore rail freight opportunities across North America.

The Spanish Railway Association (MAFEX) will visit the US in March to attend the 18th Annual Research Review of the Association of American Railroads (AAR) in Colorado.

At the event, MAFEX members will meet with the main US freight operators to consider the future challenges facing rail freight in North America, and discuss development in rolling stock and track technological innovations.

Figures released by the AAR show that rail freight holds 42.7 per cent of the market share in the USA, with volumes experiencing steady growth in recent years.

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