Private railway
Encyclopedia
A private railroad is a railroad
run by a private corporation, as opposed to a railroad run by a public sector
.
, refers to a railway line owned and operated by private sector. Although Japan Railways Group companies are private entities, they are not considered private railways because of their unique status as the successors of the Japanese National Railways
(JNR). In a traditional sense, even voluntary sector
railways are not included by their origins as the rural, non-profitable JNR line transferred to local possession as a form of joint stock corporation/company (Kabushiki kaisha
).
Among private railways in Japan, 15 companies are categorized as "major", such as Odakyu
, Keikyu
, Meitetsu
, Tokyu. They are often profitable and less expensive (to ride) than publicly run railways. Private railways also run a variety of other businesses, such as hotels, department stores and real estate.
, a private railroad is a railroad owned by a company and serves only that company, and does not hold itself out as a "common carrier" (i.e., it does not provide rail transport services for the general public).
was sold to Shenzhen China Technology Industry Group Corporation Limited through auction, and became the first and only one private railway in People's Republic of China
.
Rail transport
Rail transport is a means of conveyance of passengers and goods by way of wheeled vehicles running on rail tracks. In contrast to road transport, where vehicles merely run on a prepared surface, rail vehicles are also directionally guided by the tracks they run on...
run by a private corporation, as opposed to a railroad run by a public sector
Public sector
The public sector, sometimes referred to as the state sector, is a part of the state that deals with either the production, delivery and allocation of goods and services by and for the government or its citizens, whether national, regional or local/municipal.Examples of public sector activity range...
.
Japan
In JapanRail 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 metropolitan areas.-Overview:...
, refers to a railway line owned and operated by private sector. Although Japan Railways Group companies are private entities, they are not considered private railways because of their unique status as the successors of the Japanese National Railways
Japanese National Railways
, abbreviated or "JNR", was the national railway network of Japan from 1949 to 1987.-History:The term Kokuyū Tetsudō "state-owned railway" originally referred to a network of railway lines operated by nationalized companies under the control of the Railway Institute following the nationalization...
(JNR). In a traditional sense, even voluntary sector
Voluntary sector
The voluntary sector or community sector is the sphere of social activity undertaken by organizations that are for non-profit and non-governmental. This sector is also called the third sector, in reference to the public sector and the private sector...
railways are not included by their origins as the rural, non-profitable JNR line transferred to local possession as a form of joint stock corporation/company (Kabushiki kaisha
Kabushiki kaisha
is a type of business defined under Japanese law.-Usage in language:Both kabushiki kaisha and the rendaku form kabushiki gaisha are used. The "K" spelling is much more common in the names of companies and in English-language legal literature, whereas the "G" pronunciation is dominant in...
).
Among private railways in Japan, 15 companies are categorized as "major", such as Odakyu
Odakyu Electric Railway
, or OER, is a major railway company based in Tokyo, Japan best known for its Romancecar series of limited express trains from Tokyo to Odawara, Enoshima, Tama New Town, and Hakone....
, Keikyu
Keihin Electric Express Railway
, also known as or, more recently, , is a private railroad that connects inner Tokyo to Kawasaki, Yokohama, Yokosuka and other points on the Miura Peninsula in Kanagawa Prefecture. It also provides rail access to Haneda Airport in Tokyo. means the Tokyo - Yokohama area. The company's railway...
, Meitetsu
Nagoya Railroad
, often abbreviated as , is a railroad company operating around Aichi Prefecture and Gifu Prefecture of Japan.Some of the more famous trains operated by Nagoya Railroad include the Panorama Car and the Panorama Car Super, both of which offer views through their wide front windows...
, Tokyu. They are often profitable and less expensive (to ride) than publicly run railways. Private railways also run a variety of other businesses, such as hotels, department stores and real estate.
United States
In the United StatesUnited States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
, a private railroad is a railroad owned by a company and serves only that company, and does not hold itself out as a "common carrier" (i.e., it does not provide rail transport services for the general public).
People's Republic of China
In 2006, the Luoding RailwayLuoding Railway
The Luoding Railway is a privately owned railway in Guangdong Province, People's Republic of China. It became the only privately owned passenger rail service in the People's Republic of China in 2006, when it was sold to ....
was sold to Shenzhen China Technology Industry Group Corporation Limited through auction, and became the first and only one private railway in People's Republic of China
People's Republic of China
China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...
.
See also
- Industrial railwayIndustrial railwayAn industrial railway is a type of railway that is not available for public transportation and is used exclusively to serve a particular industrial, logistics or military site...
- Railway nationalizationRailway nationalizationRailway nationalization refers to the act of nationalizing rail transport assets, taking them into public ownership. Several countries have nationalized part or all of their railway system at different times....
- National RailNational RailNational Rail is a title used by the Association of Train Operating Companies as a generic term to define the passenger rail services operated in Great Britain...
(UK)