Rail Subsidies
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Rail Subsidies
Many countries offer subsidies to their railways because of the social and economic benefits that it brings. The economic benefits can greatly assist in funding the rail network. Those countries usually also fund or subsidize road construction, and therefore effectively also subsidize road transport. Rail subsidies vary in both size and how they are distributed, with some countries funding the infrastructure and others funding trains and their operators, while others have a mixture of both. Subsidies can be used for either investment in upgrades and new lines, or to keep lines running that create economic growth. Rail subsidies are largest in China ($130 billion), Europe (€73 billion) and India ($35.8 billion), while the United States has relatively small subsidies for passenger rail with freight not subsidized. Social and economic benefits of rail Railways channel growth toward dense city agglomerations and along their arteries. These arrangements help to regenerate cities, incr ...
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Subsidy
A subsidy or government incentive is a form of financial aid or support extended to an economic sector (business, or individual) generally with the aim of promoting economic and social policy. Although commonly extended from the government, the term subsidy can relate to any type of support – for example from NGOs or as implicit subsidies. Subsidies come in various forms including: direct (cash grants, interest-free loans) and indirect (tax breaks, insurance, low-interest loans, accelerated depreciation, rent rebates). Furthermore, they can be broad or narrow, legal or illegal, ethical or unethical. The most common forms of subsidies are those to the producer or the consumer. Producer/production subsidies ensure producers are better off by either supplying market price support, direct support, or payments to factors of production. Consumer/consumption subsidies commonly reduce the price of goods and services to the consumer. For example, in the US at one time it was cheaper to buy ...
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Bloomberg News
Bloomberg News (originally Bloomberg Business News) is an international news agency headquartered in New York City and a division of Bloomberg L.P. Content produced by Bloomberg News is disseminated through Bloomberg Terminals, Bloomberg Television, Bloomberg Radio, ''Bloomberg Businessweek'', ''Bloomberg Markets'', Bloomberg.com, and Bloomberg's mobile platforms. Since 2015, John Micklethwait has served as editor-in-chief. History Bloomberg News was founded by Michael Bloomberg and Matthew Winkler in 1990 to deliver financial news reporting to Bloomberg Terminal subscribers. The agency was established in 1990 with a team of six people. Winkler was first editor-in-chief. In 2010, Bloomberg News included more than 2,300 editors and reporters in 72 countries and 146 news bureaus worldwide. Beginnings (1990–1995) Bloomberg Business News was created to expand the services offered through the terminals. According to Matthew Winkler, then a writer for ''The Wall Street Journal ...
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Rail Transport By Country
This page provides an index of articles on rail transport by country. International railway organisations * International Union of Railways (UIC) * International Union of Public Transport (UITP) * Association of American Railways (AAR) Africa Eastern Africa * : see Rail transport in Djibouti * : see Rail transport in Eritrea * : see Rail transport in Ethiopia * : see Rail transport in Kenya * : see Rail transport in Madagascar * : see Rail transport in Malawi * : see Rail transport in Mauritius * : see Mozambique Ports and Railways * : see Transport in Réunion * : see Rail transport in Rwanda * : see Transport in Seychelles * : see Rail transport in Somalia * : see Rail transport in South Sudan * : see Rail transport in Tanzania * : see Rail transport in Uganda * : see Rail transport in Zambia * : see Rail transport in Zimbabwe Middle Africa * : see Rail transport in Angola * : see Rail transport in Cameroon * : see Transport in the Central African Republic * ...
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Rail Transport
Rail transport (also known as train transport) is a means of transport that transfers passengers and goods on wheeled vehicles running on rails, which are incorporated in tracks. In contrast to road transport, where the vehicles run on a prepared flat surface, rail vehicles ( rolling stock) are directionally guided by the tracks on which they run. Tracks usually consist of steel rails, installed on sleepers (ties) set in ballast, on which the rolling stock, usually fitted with metal wheels, moves. Other variations are also possible, such as "slab track", in which the rails are fastened to a concrete foundation resting on a prepared subsurface. Rolling stock in a rail transport system generally encounters lower frictional resistance than rubber-tyred road vehicles, so passenger and freight cars (carriages and wagons) can be coupled into longer trains. The operation is carried out by a railway company, providing transport between train stations or freight customer ...
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JR-West
, also referred to as , is one of the Japan Railways Group (JR Group) companies and operates in western Honshu. It has its headquarters in Kita-ku, Osaka. It is listed in the Tokyo Stock Exchange, is a constituent of the TOPIX Large70 index, and is also one of only three Japan Railways Group constituents of the Nikkei 225 index: the others are JR East and JR Central. It was also listed in the Nagoya and Fukuoka stock exchanges until late 2020. Lines Shinkansen * Hokuriku Shinkansen ( - ) * San'yō Shinkansen * Hakata Minami Line :: Officially not a Shinkansen JR-West's highest-grossing line is the Sanyo Shinkansen high-speed rail line between Osaka and Fukuoka. The Sanyo Shinkansen alone accounts for about 40% of JR-West's passenger revenues. The company also operates Hakata Minami Line, a short commuter line with Shinkansen trains in Fukuoka. Urban Network The "Urban Network" is JR-West's name for its commuter rail lines in the Osaka-Kobe-Kyoto metropolitan area. These line ...
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Central Japan Railway Company
is the main railway company operating in the Chūbu (Nagoya) region of central Japan. It is officially abbreviated in English as JR Central and in Japanese as JR Tōkai ( ja, JR東海, links=no). ''Tōkai'' is a reference to the geographical region in which the company chiefly operates. JR Central's operational hub is Nagoya Station and the company's administrative headquarters are located in the JR Central Towers above the station. The busiest and longest railway line operated by JR Central is the Tōkaidō Main Line between and . The company also operates the Tōkaidō Shinkansen between and . Additionally it is responsible for the Chūō Shinkansen—a maglev service between Tokyo and Osaka, which is due to start operation between Tokyo and Nagoya in 2027. JR Central is Japan's most profitable and highest throughput high-speed-rail operator, carrying 138 million high-speed-rail passengers in 2009, considerably more than the world's largest airline. Japan recorded a ...
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East Japan Railway Company
The is a major passenger railway company in Japan and is the largest of the seven Japan Railways Group companies. The company name is officially abbreviated as JR-EAST or JR East in English, and as in Japanese. The company's headquarters are in Yoyogi, Shibuya, Tokyo, and next to the Shinjuku Station. It is listed in the Tokyo Stock Exchange (it formerly had secondary listings in the Nagoya Stock Exchange, Nagoya and Osaka Exchange, Osaka stock exchanges), is a constituent of the TOPIX Large70 index, and is also one of the three only Japan Railways Group constituents of the Nikkei 225 index, the other being Central Japan Railway Company, JR Central and West Japan Railway Company, JR West. History JR East was incorporated on 1 April 1987 after being spun off from the government-run Japanese National Railways (JNR). The spin-off was nominally "privatization", as the company was actually a wholly owned subsidiary of the government-owned Japanese National Railway Settlement ...
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Rail Transport In Japan
Rail transport in Japan is a major means of passenger transport, especially for mass and high-speed travel between major cities and for commuter transport in urban areas. It is used relatively little for freight transport, accounting for just 0.84% of goods movement. The privatised network is highly efficient, requiring few subsidies and running with extreme punctuality. Overview Rail transport services in Japan are provided by more than 100 private companies, including * Six Japan Railways Group (JR) regional companies (state owned until 1987) which provide passenger services to most parts of Hokkaido, Honshu, Shikoku, and Kyushu; * The nationwide JR freight company; and * 16 major regional companies which provide railway services as part of their corporate operations. There are also dozens of smaller local private railways. Many of the private rail companies rank among the top corporations in the country. Railways were built by private corporations developing integrated ...
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Russian Railways
Russian Railways (russian: link=no, ОАО «Российские железные дороги» (ОАО «РЖД»), OAO Rossiyskie zheleznye dorogi (OAO RZhD)) is a Russian fully state-owned vertically integrated railway company, both managing infrastructure and operating freight and passenger train services. The company was established on 18 September 2003, when a decree was passed to separate the upkeep and operation of the railways from the . RZhD is based in Moscow at Novaya Basmannaya str., 2. The operating units of the central part of the staff are at Kalanchevskaya str., 35. Railways in Crimea are controlled by Crimea Railway, a separate company. History Background and 2003 reform After the collapse of the Soviet Union in 1991, the Russian Federation inherited 17 of the 32 regions of the former Soviet Railways (SZD). By 1998, total freight traffic was half the 1991 figure. Government investment in the railway system was greatly curtailed, and passenger fares wer ...
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Rail Transportation In The United States
Rail transportation in the United States consists primarily of freight shipments, with a well integrated network of standard gauge private freight railroads extending into Canada and Mexico. Passenger service is mainly mass transit and commuter rail in major cities. Intercity passenger service, once a large and vital part of the nation's passenger transportation network, plays a limited role as compared to transportation patterns in many other countries. The United States has the largest rail transport network size of any country in the world. The nation's earliest railroads were built in the 1820s and 1830s, primarily in New England and the Mid-Atlantic region. The Baltimore and Ohio Railroad, chartered in 1827, was the nation's first common carrier railroad. By 1850, an extensive railroad network had begun to take shape in the rapidly industrializing Northeastern United States and the Midwest, while relatively fewer railroads were constructed in the primarily agricultural S ...
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Amtrak
The National Railroad Passenger Corporation, Trade name, doing business as Amtrak () , is the national Passenger train, passenger railroad company of the United States. It operates inter-city rail service in 46 of the 48 contiguous United States, contiguous U.S. States and nine cities in Canada. ''Amtrak'' is a portmanteau of the words ''America'' and ''trak'', the latter itself a sensational spelling of ''track''. Founded in 1971 as a quasi-public corporation to operate many U.S. passenger rail routes, Amtrak receives a combination of state and federal subsidies but is managed as a for-profit corporation, for-profit organization. The United States federal government, through the United States Secretary of Transportation, Secretary of Transportation, owns all the company's Issued shares, issued and Shares outstanding, outstanding preferred stock. Amtrak's headquarters is located one block west of Washington Union Station, Union Station in Washington, D.C. Amtrak serves more th ...
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United States
The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territories, nine Minor Outlying Islands, and 326 Indian reservations. The United States is also in free association with three Pacific Island sovereign states: the Federated States of Micronesia, the Marshall Islands, and the Republic of Palau. It is the world's third-largest country by both land and total area. It shares land borders with Canada to its north and with Mexico to its south and has maritime borders with the Bahamas, Cuba, Russia, and other nations. With a population of over 333 million, it is the most populous country in the Americas and the third most populous in the world. The national capital of the United States is Washington, D.C. and its most populous city and principal financial center is New York City. Paleo-Americ ...
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