Search results
Results from the WOW.Com Content Network
This changed in 1986, when in a very different political climate, Foster Yeoman obtained the right to run its own trains onto the British Rail network if British Rail locomotive engineers were used. In 1997, the British Railways network was privatised as a single company Railtrack , which later became the non-profit company Network Rail .
Great Britain's railway system was built by private companies, but it was nationalised by the Transport Act 1947 and was run from then onwards by British Railways (which traded as British Rail from 1965) until privatisation, which was begun in 1994 and completed in 1997. Infrastructure, passenger, and freight services were separated at that time.
Virgin Trains West Coast Pendolino at Birmingham New Street in September 2003. Virgin Rail Group (WCT Group since 2021) [1] is a British rail transport company that was formed by the Virgin Group to bid for rail franchises in the United Kingdom during the privatisation of British Rail in the late 1990s.
A rolling stock company (ROSCO) or rolling stock leasing company owns and maintains railway engines and carriages which are leased to train operating companies who operate the trains.
Network Rail pleaded guilty and were fined £4.1 million including legal costs. [109] [110] In December 2005, two young girls were killed by a train as they were crossing the railway line via a pedestrian level crossing at Elsenham in Essex. Network Rail was prosecuted for breaching health and safety law and fined £1 million in March 2012. The ...
British Railways (BR), which from 1965 traded as British Rail, was a state-owned company that operated most rail transport in Great Britain from 1948 to 1997. Originally a trading brand of the Railway Executive of the British Transport Commission, it became an independent statutory corporation in January 1963, when it was formally renamed the British Railways Board.
Eversholt Rail Group is a British rolling stock company (ROSCO). Together with Angel Trains and Porterbrook, it is one of the three original ROSCOs created as a result of the privatisation of British Rail. Eversholt was established in March 1994 and was promptly privatised one year later via a £580 million management buyout.
Iowa Pacific's North American freight services are operated by subsidiary Permian Basin Railways, which was formed in 2002 to operate the Texas – New Mexico Railroad and the West Texas and Lubbock Railway; [1] since then, Iowa Pacific through Permian Basin has acquired the Arizona Eastern Railway in 2004, [2] (sold September 1, 2011 to Genesee & Wyoming Inc. [3]) the San Luis & Rio Grande ...