A rolling stock company (ROSCO) or rolling stock leasing company owns and maintains railway engines and carriages which are leased to
train operating companies
In the railway system of Great Britain, a train operating company (TOC) is a railway undertaking operating passenger trains under the collective National Rail brand. TOCs have existed since the privatisation of the network under the Railways ...
who operate the trains.
Rolling stock companies have been criticised as
rentier capitalist, in that they add little value to the end product compared to direct ownership of the trains by the train operating companies, and extract profits from what were once in many cases government-owned and government-financed assets. However, the arrangement removes the need for the train operating companies to raise capital to purchase the rolling stock.
Africa
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Sheltam Grindrod
* Swifambo Rail Leasing
Australia
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Rail First Asset Management
Europe
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Alpha Trains
Alpha Trains is a rolling stock leasing company operating in the European Union and European Free Trade Association (EFTA) regions of mainland Europe.
It was created as ''Angel Trains International'' as a spin-off from the British rolling stock ...
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Macquarie European Rail
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Transitio
United Kingdom
ROSCOs began to be used when
British Rail was privatised, beginning in 1994.
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Angel Trains
Angel Trains is a British rolling stock company (ROSCO). Together with Eversholt Rail Group and Porterbrook, it is one of the three original ROSCOs.
Angel Trains was established in March 1994 as part of the privatisation of British Rail. In No ...
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Beacon Rail
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Europhoenix
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Eversholt Rail Group
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Porterbrook
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QW Rail Leasing
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Rock Rail
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Sovereign Trains
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Tiphook
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UK Rail Leasing
United States
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Chicago Freight Car Leasing Company (CFCL)
References
Rolling stock leasing companies
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