Train Operating Companies (TOC) are a part of the structure of the railway (railroad) system in Great Britain. In England, Scotland and Wales, most railway track is owned by the state-owned company Network Rail, formerly known as Railtrack. Passenger trains are operated by privately owned Train Operating Companies. Different arrangements apply in Northern Ireland.
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In the near future, around half of passenger journeys on Britain's railways will be on services owned by foreign companies. What is even more surprising is that many of these companies are state-owned. The British government is prohibited from owning TOCs but no such prohibition applies to foreign governments.[2]
Categories: [Train Operating Companies] [Railroads] [Rail Transport in the United Kingdom]