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South Western Railway (SWR; legal name First MTR South Western Trains Limited, [3]) is a British train operating company owned by FirstGroup (70%) and MTR Corporation (30%) that operates the South Western franchise. On 20 August 2017, SWR took over South Western franchise operations from the previous franchisee South West Trains.
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.
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 trains, there are now many track-only companies and train-only companies.
The current RDG has its roots in two preceding organisations, the Association of Train Operating Companies (ATOC), and the Rail Delivery Group. The original Rail Delivery Group was established in 2011 to formulate policy and undertake communications on behalf of the entire railway industry, its membership having comprised all passenger and ...
List of Train Operating Companies on the National Rail website Archived 4 January 2006 at the Wayback Machine; Map of Train Operating Companies on the National Rail website; Barry Doe's colour-coded map showing operator(s) on each route (Large PDF)
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.
Rolling stock is considered to be a liquid asset, or close to it, since the value of the vehicle can be readily estimated and then shipped to the buyer without much cost or delay. [ 9 ] [ 10 ] The term contrasts with fixed stock ( infrastructure ), which is a collective term for the track , signals , stations , other buildings, electric wires ...
Trenitalia c2c, trading as c2c, is a British train operating company that operates commuter services from its London terminus at Fenchurch Street to parts of East London and south Essex along the London, Tilbury and Southend line, as part of the Essex Thameside railway contract. It manages 25 stations and its trains call at 28.