Railway company

A railway company or railroad company is a entity that operates a railroad track and/or trains. Such a company can either be private or public. Some railway companies operate both the trains and the track, while particularly in Europe ownership of track and train operation is separated in different companies.

tructure

Many countries have a national railway company that owns all track and operates all trains in the country, for instance the Russian Railways. Other countries have many different, sometimes competing, railway companies that operate each their own lines, particularly in the United States and Canada.

In Europe, the EU requires its members to split the railway companies into a number of different companies. Usually public owned companies own the track and other public companies (sometimes owned by regional governments) own the train cars. Public service obligations or franchising is then used to determine the right to operate the line for a limited time period, with multiple private companies bidding for the privilege to operate. Other companies offer trackside and rolling stock maintenance.

Names

In some cases, the "Line" or route name is named after the railway company (for example, the CSX Corporation) or the names of locations along the route (for example, the Richmond, Fredericksburg and Potomac Railroad

ee also

* List of railway companies
* Rail transport by country