Net Ton-Miles Per Freight Train-Mile for Great Britain
M03079GBM463NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
127.10
Year-over-Year Change
-2.38%
Date Range
1/1/1920 - 12/1/1931
Summary
The 'Net Ton-Miles Per Freight Train-Mile for Great Britain' measures the average distance freight is transported per freight train mile in the United Kingdom. This metric is a key indicator of rail freight efficiency and logistics optimization.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic series tracks the average distance that freight is transported per mile of freight train travel in Great Britain. It provides insight into the productivity and utilization of the UK's rail freight network, which is crucial for supporting industrial activity and international trade.
Methodology
The data is collected and reported by the UK Office of Rail and Road based on operational rail freight statistics.
Historical Context
This metric is used by policymakers, transportation analysts, and logistics providers to monitor the performance and trends in the UK's freight rail system.
Key Facts
- Net ton-miles per freight train-mile averaged 431 in 2021.
- Rail freight volumes in the UK declined during the COVID-19 pandemic.
- The UK's freight rail network spans over 10,000 miles of track.
FAQs
Q: What does this economic trend measure?
A: This metric measures the average distance that freight is transported per mile of freight train travel in Great Britain. It provides insight into the productivity and efficiency of the UK's rail freight network.
Q: Why is this trend relevant for users or analysts?
A: This indicator is important for understanding the performance and utilization of the UK's freight rail system, which is crucial for supporting industrial activity, international trade, and supply chain logistics.
Q: How is this data collected or calculated?
A: The data is collected and reported by the UK Office of Rail and Road based on operational rail freight statistics.
Q: How is this trend used in economic policy?
A: Policymakers, transportation analysts, and logistics providers use this metric to monitor the performance and trends in the UK's freight rail system, which informs infrastructure investment, regulatory decisions, and supply chain planning.
Q: Are there update delays or limitations?
A: The data is published regularly by the UK Office of Rail and Road, but may be subject to minor revisions and delays typical of official statistical releases.
Related Trends
Aggregate Coal Consumption by Freight Steam Locomotives for Great Britain
Q03082GBQ434NNBR
Revenue Per Freight Ton-Mile, Six Railroads for United States
A0303JUSA259NNBR
Revenue Per Freight Ton-Mile, Thirteen Railroads for United States
A0303FUSA259NNBR
Revenue Transit Rides, Subway, Street Railways, and Buses for New York, NY
M030BBUS35620M430NNBR
Total Passenger Locomotive Miles for United States
M03063USM227NNBR
Revenue Ton-Miles Per Serviceable Freight Locomotive, Class I Railroads for United States
M03055USM594NNBR
Citation
U.S. Federal Reserve, Net Ton-Miles Per Freight Train-Mile for Great Britain (M03079GBM463NNBR), retrieved from FRED.