A rail transport company is a

company A company, abbreviated as co., is a Legal personality, legal entity representing an association of legal people, whether Natural person, natural, Juridical person, juridical or a mixture of both, with a specific objective. Company members ...

active within the

rail industry Rail or rails may refer to: Rail transport *Rail transport and related matters *Railway track or railway lines, the running surface of a railway Arts and media Film * ''Rails'' (film), a 1929 Italian film by Mario Camerini * ''Rail'' (1967 fil ...

. It can be: * a

manufacturing Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer ...

company, * a

railway undertaking Rail transport operations are the day-to-day operations of a railway. A railway has two major components: the infrastructure (the permanent way, tracks, stations, freight facilities, viaducts, tunnels, etc.) and the rolling stock (the passenger ...

providing services through operating

rolling stock The term rolling stock in the rail transport industry refers to railway vehicles, including both powered and unpowered vehicles: for example, locomotives, Railroad car#Freight cars, freight and Passenger railroad car, passenger cars (or coaches) ...

, * a

railway infrastructure manager A railway infrastructure manager is a rail transport company or body of other type, responsible for maintaining railway infrastructure. The European Union defines it as "any body or undertaking that is responsible in particular for establishing and ...

. In some jurisdictions such as the

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 ...

, railway companies may combine these roles. Railway companies can be

private Private or privates may refer to: Music * "In Private", by Dusty Springfield from the 1990 album ''Reputation'' * Private (band), a Denmark-based band * "Private" (Ryōko Hirosue song), from the 1999 album ''Private'', written and also recorded ...

public In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociology, sociological concept of the ''Öf ...

Structure

In Europe, the EU requires its members to separate the national

s from

s which are public and private companies providing services by operating

. This ensures conditions enabling the latter companies to

compete Competition is a rivalry where two or more parties strive for a common goal which cannot be shared: where one's gain is the other's loss (an example of which is a zero-sum game). Competition can arise between entities such as organisms, individ ...

fairly among each other, with multiple companies

bidding Bidding is an offer (often competitive) to set a price tag by an individual or business for a product or service ''or'' a demand that something be done. Bidding is used to determine the cost or value of something. Bidding can be performed b ...

for the privilege to operate the line for a limited time period under

public service obligation In the context of European Union law, a public service obligation or PSO is an obligation imposed on an organisation by legislation or contract to provide a service of general interest within EU territories. PSOs may operate in any field of publi ...

aided by

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 ...

or under

franchising Franchising is based on a marketing concept which can be adopted by an organization as a strategy for business expansion. Where implemented, a franchisor licenses some or all of its know-how, procedures, intellectual property, use of its busines ...

. In addition, other companies offer trackside and rolling stock maintenance. Some countries have in turn a national railway company that owns all track and operates all trains in the country, for instance the

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 world's largest rail company by network size). Other countries have many different, sometimes competing, railway companies that operate each their own lines, particularly in the

and

Canada Canada is a country in North America. Its Provinces and territories of Canada, ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, making it the world's List of coun ...

. Countries may have both public and private railway companies, for instance the United States, where the publicly-owned

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 Stat ...

exists alongside numerous private operators.

References

{{Authority control Railway companies cs:Provozovatel drážní dopravy pl:Przewoźnik kolejowy

Structure

See also

References