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Railway Subsidies
Many countries offer subsidies to their railways because of the social and economic benefits that it brings. The economic benefits can greatly assist in funding the rail network. Those countries usually also fund or subsidize road construction, and therefore effectively also subsidize road transport. Rail subsidies vary in both size and how they are distributed, with some countries funding the infrastructure and others funding trains and their operators, while others have a mixture of both. Subsidies can be used for either investment in upgrades and new lines, or to keep lines running that create economic growth. Rail subsidies are largest in China ($130 billion), Europe (€73 billion) and India ($35.8 billion), while the United States has relatively small subsidies for passenger rail with freight not subsidized. Social and economic benefits of rail Railways channel growth toward dense city agglomerations and along their arteries. These arrangements help to regenerate cities, inc ...
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Subsidy
A subsidy, subvention or government incentive is a type of government expenditure for individuals and households, as well as businesses with the aim of stabilizing the economy. It ensures that individuals and households are viable by having access to essential goods and services while giving businesses the opportunity to stay afloat and/or competitive. Subsidies not only promote long term economic stability but also help governments to respond to economic shocks during a recession or in response to unforeseen shocks, such as the COVID-19 pandemic. Subsidies take various forms— such as direct government expenditures, tax incentives, soft loans, price support, and government provision of goods and services. For instance, the government may distribute direct payment subsidies to individuals and households during an economic downturn in order to help its citizens pay their bills and to stimulate economic activity. Here, subsidies act as an effective financial aid issued when t ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, '' Bloomberg Businessweek'', '' Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has been editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Jo ...
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Rail Transport By Country
This page provides an index of articles on rail transport by country. International railway organisations * International Union of Railways (UIC) * International Union of Public Transport (UITP) * Association of American Railways (AAR) * Organization for Cooperation of Railways (OSJD) * African Union of Railways (AUR) * European Union Agency for Railways (ERA) * European Rail Infrastructure Managers (EIM) * Africa Eastern Africa * : see Rail transport in Djibouti * : see Rail transport in Eritrea * : see Rail transport in Ethiopia * : see Rail transport in Kenya * : see Rail transport in Madagascar * : see Rail transport in Malawi * : see Rail transport in Mauritius * : see Mozambique Ports and Railways * : see Transport in Réunion * : see Rail transport in Rwanda * : see Transport in Seychelles * : see Rail transport in Somalia * : see Rail transport in South Sudan * : see Rail transport in Tanzania * : see Rail transport in Uganda * : see Rail t ...
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Rail Transport
Rail transport (also known as train transport) is a means of transport using wheeled vehicles running in railway track, tracks, which usually consist of two parallel steel railway track, rails. Rail transport is one of the two primary means of land transport, next to road transport. It is used for about 8% of passenger and rail freight transport, freight transport globally, thanks to its Energy efficiency in transport, energy efficiency and potentially high-speed rail, high speed.Rolling stock on rails generally encounters lower friction, frictional resistance than rubber-tyred road vehicles, allowing rail cars to be coupled into longer trains. Power is usually provided by Diesel locomotive, diesel or Electric locomotive, electric locomotives. While railway transport is capital intensity, capital-intensive and less flexible than road transport, it can carry heavy loads of passengers and cargo with greater energy efficiency and safety. Precursors of railways driven by human or an ...
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JR-West
, also referred to as , is one of the Japan Railways Group (JR Group) companies and operates in western Honshu. It has its headquarters in Kita-ku, Osaka. It is listed in the Tokyo Stock Exchange, is a constituent of the TOPIX Large70 index, and is also one of only three Japan Railways Group constituents of the Nikkei 225 index: the others are JR East and JR Central. It was also listed in the Nagoya and Fukuoka stock exchanges until late 2020. Lines Shinkansen * Hokuriku Shinkansen ( - ) * San'yō Shinkansen * Hakata Minami Line :: Officially not a Shinkansen JR-West's highest-grossing line is the Sanyo Shinkansen high-speed rail line between Osaka and Fukuoka. The Sanyo Shinkansen alone accounts for about 40% of JR-West's passenger revenues. The company also operates Hakata Minami Line, a short commuter line with Shinkansen trains in Fukuoka. Urban Network The "Urban Network" is JR-West's name for its commuter rail lines in the Osaka-Kobe-Kyoto metropolitan area ...
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Central Japan Railway Company
is the main railway company operating in the Chūbu (Nagoya) region of central Japan. It is officially abbreviated in English as JR Central and occasionally as JR Tokai (). The term ''Tōkai'' refers to the southern portion of Central Japan, the geographical region in which the company chiefly operates. JR Central's operational hub is Nagoya Station and the company's administrative headquarters are located in the JR Central Towers above the station. The busiest and longest railway line operated by JR Central is the Tōkaidō Main Line between and . The company also operates the Tōkaidō Shinkansen between and . Additionally it is responsible for the Chūō Shinkansen — a maglev service between Tokyo and Osaka, which is due to start operation between Tokyo and Nagoya in 2034. JR Central is Japan's most profitable and highest throughput high-speed-rail operator, carrying 138 million high-speed-rail passengers in 2009, considerably more than the world's largest a ...
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East Japan Railway Company
The is a major passenger railway company in Japan and the largest of the seven Japan Railways Group companies. The company name is officially abbreviated as JR-EAST or JR East in English, and as in Japanese. The company's headquarters are in Yoyogi, Shibuya, Tokyo, next to Shinjuku Station. It is listed in the Tokyo Stock Exchange (it formerly had secondary listings in the Nagoya and Osaka stock exchanges), is a constituent of the TOPIX Large70 index, and is one of three Japan Railways Group constituents of the Nikkei 225 index, the others being JR Central and JR West. History JR East was incorporated on 1 April 1987 after being spun off from the government-run Japanese National Railways (JNR). The spin-off was nominally "privatization", as the company was actually a wholly owned subsidiary of the government-owned JNR Settlement Corporation for several years, and was not completely sold to the public until 2002. Following the breakup, JR East ran the operations on forme ...
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Rail Transport In Japan
Rail transport in Japan is a major means of passenger public transport, transport, especially for mass and high-speed rail, high-speed travel between major cities of Japan, cities and for commuter rail, commuter transport in urban areas. It is used relatively little for rail freight transport, freight transport, accounting for just 0.84% of goods movement. The privatised network is highly efficient, requiring few railway subsidy, subsidies and running with extreme punctuality, though since privatisation several unprofitable but socially valuable lines have been closed by private operators. Overview Rail transport services in Japan are provided by more than 100 private companies, including * Six Japan Railways Group (JR) regional companies (state owned until 1987) which provide passenger services to most parts of Hokkaido, Honshu, Shikoku, and Kyushu; * The nationwide JR freight company; and * 16 major regional companies which provide railway services as part of their corpo ...
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Russian Railways
Russian Railways or RZD () is a Russian fully state-owned vertically integrated railway company, both managing infrastructure and operating freight and passenger train services and has a near-monopoly on long-distance train travel in Russia. The company was established on 18 September 2003, when a decree was passed to separate the upkeep and operation of the railways from the Ministry of Railways of the Russian Federation, which in turn was the successor of the USSR Ministry of Railways. RZhD is based in Moscow at Novaya Basmannaya str., 2. The operating units of the central part of the staff are at Kalanchevskaya str., 35. Railways in Russian-occupied territories of Ukraine are controlled by Crimea Railway and Novorossiya Railway, both companies being independent from RZD. History Background and 2003 reform After the collapse of the Soviet Union in 1991, the Russian Federation inherited 17 of the 32 regions of the former Soviet Railways (SZD). In the mid-1990s, th ...
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Rail Transportation In The United States
Rail transportation in the United States consists primarily of Rail freight transport, freight shipments along a well integrated network of Standard-gauge railway, standard gauge private freight railroads that also extend into Canada and Mexico. The United States has the List of countries by rail transport network size, largest rail transport network of any country in the world, about . Passenger train, Passenger service is a Public transport, mass transit option for Americans with commuter rail in most major American cities, especially on the East Coast of the United States, East Coast. Intercity passenger service was once a large and vital part of the nation's passenger transportation network, but passenger service shrank in the 20th century as Aviation in the United States, commercial air traffic and the Interstate Highway System made commercial air and road transport a practical option throughout the United States. The nation's earliest railroads were built in the 1820s and ...
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Amtrak
The National Railroad Passenger Corporation, Trade name, doing business as Amtrak (; ), is the national Passenger train, passenger railroad company of the United States. It operates intercity rail service in 46 of the 48 contiguous United States, contiguous U.S. states and three Provinces and territories of Canada, Canadian provinces. ''Amtrak'' is a portmanteau of the words ''America'' and ''track.'' Founded in 1971 as a Quasi-corporation, quasi-public corporation to operate many U.S. passenger rail routes, Amtrak receives a combination of state and federal subsidies but is managed as a for-profit corporation, for-profit organization. The company's headquarters is located one block west of Washington Union Station, Union Station in Washington, D.C. Amtrak is headed by a Board of Directors, two of whom are the United States Secretary of Transportation, secretary of transportation and chief executive officer (CEO) of Amtrak, while the other eight members are nominated to serve a ...
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United States
The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 contiguous states border Canada to the north and Mexico to the south, with the semi-exclave of Alaska in the northwest and the archipelago of Hawaii in the Pacific Ocean. The United States asserts sovereignty over five Territories of the United States, major island territories and United States Minor Outlying Islands, various uninhabited islands in Oceania and the Caribbean. It is a megadiverse country, with the world's List of countries and dependencies by area, third-largest land area and List of countries and dependencies by population, third-largest population, exceeding 340 million. Its three Metropolitan statistical areas by population, largest metropolitan areas are New York metropolitan area, New York, Greater Los Angeles, Los Angel ...
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