U.S. Practice
Historically, in the United States of America the term railroad, especially when used in a company name, implies a conventional rail system and railway implies a street railway (tramway), also known as a streetcar or light rail line. There are, however, quite a number of exceptions. In fact, many companies change from one term to the other when they re-incorporate, possibly to distinguish between the old and new companies (example: Seaboard Air Line Railroad).
Read more about this topic: Usage Of The Terms Railroad And Railway
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