A rail transport company is a company active within the rail industry. It can be:
In some jurisdictions such as the United States, railway companies may combine these roles. Railway companies can be private or public.
Rail transport in Europe has diverse technological standards, operating concepts, and infrastructures. Common features are the widespread use of standard-gauge rail, high operational safety and a high proportion of electrification. Electrified railway networks in Europe operate at many different voltages, both AC and DC, varying from 750 to 25,000 volts, and signaling systems vary from country to country, complicating cross-border traffic.
The European Union (EU) aims to make cross-border operations easier as well as to introduce competition to national rail networks. EU member states were empowered to separate the provision of transport services and the management of the infrastructure by the Single European Railway Directive 2012. Usually, national railway companies were split into separate divisions or independent companies for infrastructure, passenger and freight operations. The passenger operations may be further divided into long-distance and regional services, because regional services often operate under public service obligations (which maintain services which are not economically interesting to private companies but nonetheless produce societal benefit), while long-distance services usually operate without subsidies.
Nationalization (nationalisation in British English) is the process of transforming privately owned assets into public assets by bringing them under the public ownership of a national government or state. Nationalization contrasts with privatization and with demutualization. When previously nationalized assets are privatized and subsequently returned to public ownership at a later stage, they are said to have undergone renationalization (or deprivatization). Industries often subject to nationalization include telephones, electric power, fossil fuels, iron ore, railways, airlines, media, postal services, banks, and water (sometimes called the commanding heights of the economy), and in many jurisdictions such entities have no history of private ownership.
Nationalization may occur with or without financial compensation to the former owners. Nationalization is distinguished from property redistribution in that the government retains control of nationalized property. Some nationalizations take place when a government seizes property acquired illegally. For example, in 1945 the French government seized the car-maker Renault because its owners had collaborated with the 1940–1944 Nazi occupiers of France.
A transcontinental railroad or transcontinental railway is contiguous railroad trackage that crosses a continental land mass and has terminals at different oceans or continental borders. Such networks may be via the tracks of a single railroad, or via several railroads owned or controlled by multiple railway companies along a continuous route. Although Europe is crisscrossed by railways, the railroads within Europe are usually not considered transcontinental, with the possible exception of the historic Orient Express.Transcontinental railroads helped open up interior regions of continents not previously colonized to exploration and settlement that would not otherwise have been feasible. In many cases, they also formed the backbones of cross-country passenger and freight transportation networks. Many of them continue to have an important role in freight transportation, and some such as the Trans-Siberian Railway even have passenger trains going from one end to the other.
A rail yard, railway yard, railroad yard (US) or simply yard, is a series of tracks in a rail network for storing, sorting, or loading and unloading rail vehicles and locomotives. Yards have many tracks in parallel for keeping rolling stock or unused locomotives stored off the main line, so that they do not obstruct the flow of traffic. Cars or wagons are moved around by specially designed yard switcher locomotives (US) or shunter locomotives (UK), a type of locomotive. Cars or wagons in a yard may be sorted by numerous categories, including railway company, loaded or unloaded, destination, car type, or whether they need repairs. Yards are normally built where there is a need to store rail vehicles while they are not being loaded or unloaded, or are waiting to be assembled into trains. Large yards may have a tower to control operations.
Many yards are located at strategic points on a main line. Main-line yards are often composed of an up yard and a down yard, linked to the associated direction of travel. There are different types of yards, and different parts within a yard, depending on how they are built.