Structure
Many countries have a national railway company that owns all track and operates all trains in the country, for instance the Russian Railways (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 United States and Canada.
In Europe, the EU requires its members to split the railway companies into a number of different companies. Usually public owned companies own the track and other public companies (sometimes owned by regional governments) own the train cars. Public service obligations or franchising is then used to determine the right to operate the line for a limited time period, with multiple private companies bidding for the privilege to operate. Other companies offer trackside and rolling stock maintenance.
Read more about this topic: Railway Company
Famous quotes containing the word structure:
“The question is still asked of women: How do you propose to answer the need for child care? That is an obvious attempt to structure conflict in the old terms. The questions are rather: If we as a human community want children, how does the total society propose to provide for them?”
—Jean Baker Miller (20th century)
“One theme links together these new proposals for family policythe idea that the family is exceedingly durable. Changes in structure and function and individual roles are not to be confused with the collapse of the family. Families remain more important in the lives of children than other institutions. Family ties are stronger and more vital than many of us imagine in the perennial atmosphere of crisis surrounding the subject.”
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