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This list includes companies operating both now and in the past. In some countries, the railway operating bodies are not companies, but are government departments or authorities. Particularly in many European countries beginning in the late-1980s, with privatizations and the separation of the track ownership and management from running the ...
Rolling stock companies have been criticized as rentier capitalist, in that they add little value to the end product versus direct ownership of the trains themselves, and extract large profits from what were once in many cases government owned and government-financed assets. [1]
The Rail Delivery Group is the coordinating body of the train operating companies in Great Britain and owns the National Rail brand, which uses the former British Rail double-arrow logo and organises the common ticketing structure. Many of the train operating companies are in fact parts of larger companies which operate multiple franchises.
A rail transport company is a company active within the rail industry. It can be: a manufacturing company, a railway undertaking providing services through operating rolling stock, a railway infrastructure manager. In some jurisdictions such as the United States, railway companies may combine these roles. [1] Railway companies can be private or ...
The new organisation is owned by its members, which comprise Network Rail, the nationalised owner of Britain's rail infrastructure; the various train operating companies that provide passenger services; the freight operating companies; the Rail Supply Group (RSG) that represents suppliers to the industry; [6] and HS2 Ltd, the company building a ...
The company was bought from Exponent by KKR in January 2015. [11] In August 2015, the company announced it had changed its name from thetrainline.com to Trainline. [12] In 2016, it acquired Captain Train and re-branded it as Trainline EU. [13] [14] In June 2019, after an initial public offering the company floated on the London Stock Exchange. [15]
Ownership was originally divided between an 80 per cent stake held by the train operating company (TOC) GB Railways, while the former British Rail managers Mike Jones and John Nelson held the remainder. A majority stake in the company was acquired by FirstGroup in August 2003, leading to its rebranding as First Hull Trains five years later ...
By September of the following year, Angel Trains had contracts with 19 of the 25 train operating companies (TOCs) in the UK, and owned approximately 3,755 vehicles. During December 1997, Angel Trains was sold on to the Royal Bank of Scotland , leading to criticism of the firm having been previously undervalued.