41-516: A rolling stock company ( ROSCO ) or rolling stock leasing company owns and maintains railway engines and carriages which are leased to train operating companies who operate the trains. Rolling stock companies have been criticized as rentier capitalist, in that they add little value to the end product versus direct ownership of the trains themselves, and extract large profits from what were once in many cases government owned and government-financed assets. This rail-transport related article
82-712: A 100% FirstGroup subsidiary when the 24.5% shareholder bought out its partners. The TOCs were renamed First Great Western and First North Western . Go-Ahead Group bought the remaining 35% share in Thames Trains . Virgin Group sold a 49% share in Virgin Rail Group that operated the CrossCountry and West Coast franchises to Stagecoach . The completion of the rail link to Heathrow Airport led to Heathrow Express , an open-access operator outside
123-571: A company wholly owned by the Strategic Rail Authority , which would operate the franchise until it could be tendered again. New franchise holders Arriva Trains Wales and Merseyrail began operating. FirstGroup purchased GB Railways which owned the Anglia Railways and Hull Trains businesses. A policy where the majority of services (both long-distance and commuter) from each London terminal would all be operated by
164-459: A government-owned operator of last resort , due either to failing expectations or to events on the rail system as a whole. The term is also sometimes used to describe companies operating passenger or freight rail services over tracks owned by another company or a national network owner. Franchises were initially let by the Office of Passenger Rail Franchising (OPRAF). This was in turn replaced by
205-477: Is a stub . You can help Misplaced Pages by expanding it . Train operating company In the railway system of Great Britain , a train operating company ( TOC ) is a railway undertaking operating passenger trains under the collective National Rail brand. TOCs have existed since the privatisation of the network under the Railways Act 1993 . There are two types of TOC: most hold franchises let by
246-590: The Department for Transport (DfT) through a tendering system, to operate services on certain routes for a specified duration, while a small number of open-access operators hold licences to provide supplementary services on chosen routes. These operators can run services for the duration of the licence validity. The franchised operators have changed considerably since privatisation: previous franchises have been divided, merged, re-let to new operators, or renamed. Some privately-operated franchises have been taken over by
287-503: The Department for Transport or the Office of Rail Regulation (now the Office of Rail and Road ). The Shadow SRA was established in 1999 following the election of the Labour government in 1997 in an attempt to increase public interest regulation of the fragmented railway network following the privatisation of British Rail . It incorporated the former Conservative government 's Director of Passenger Rail Franchising . Its main function
328-824: The Greater Anglia franchise on 5 February 2012. In September 2012, FirstGroup was awarded the right to operate the West Coast franchise which provoked a backlash from incumbent Virgin Trains West Coast. As a result of the Department for Transport having provided incorrect information during the bid process, the offer was withdrawn in October 2012 and £40 million of bid costs refunded. In September 2014, Govia Thameslink Railway took over services formerly operated by First Capital Connect as part of
369-785: The InterCity East Coast franchise. Strategic Rail Authority The Strategic Rail Authority ( SRA ) was a non-departmental public body in the United Kingdom set up under the Transport Act 2000 to provide strategic direction for the railway industry . Its motto was 'Britain's railway, properly delivered'. It was abolished by the Railways (Abolition of the Strategic Rail Authority) Order 2006, its functions being absorbed by
410-733: The Merseyside Passenger Transport Executive lets the Merseyrail franchise, while in London, Transport for London (TfL) oversees the new London Overground and Elizabeth line concessions. ( London Underground , a wholly owned subsidiary of Transport for London , operates trains nearly all on its own network serving mostly its own stations: It is not a Train Operating Company by the definition here.) The Rail Delivery Group (RDG) (formerly
451-895: The Metro buses in Belfast and Ulsterbus coaches around the country. NIR is not a TOC under the terms of the Railways Act 1993 , which only applies to Great Britain. The cross-border service Enterprise (Belfast–Dublin) is jointly operated with Iarnród Éireann , the publicly owned national railway company of the Republic of Ireland. Upon privatisation in 1994, the three passenger-operating sectors of British Rail ( InterCity , Network SouthEast and Regional Railways ) were divided, and their existing operations were let as 25 franchises: The privatisation process began when BR's passenger sectors were divided into 25 train operating units which were gradually incorporated as publicly owned subsidiaries of
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#1732775480329492-736: The North East Regional franchise and the North West Regional franchise . In 2004, these were altered into the TransPennine franchise, for intercity services, and the Northern franchise, for local services that were awarded to First TransPennine Express and Northern Rail respectively. Some North West services were transferred to the Arriva Trains Wales franchise. In the same year, Thames Trains
533-884: The Rail Regulator , who frequently clashed with the SRA when he believed that it was over-reaching its jurisdiction. The SRA operated under directions and guidance from the Secretary of State for Transport , also in Scotland from the Scottish Minister for Transport and in Greater London from the Mayor of London . In Scotland the budget of the SRA was devolved to the Scottish Parliament under
574-560: The Secretary of State for Transport , Alistair Darling MP, announced that the SRA was to be abolished within the next 12–18 months. Following the passing of the Railways Act 2005 it was wound up on 1 December 2006, and its functions transferred to the Department for Transport Rail Group, to the Network Rail and to the Office of Rail Regulation . The Scottish Executive , the Welsh Assembly Government and
615-584: The Strategic Rail Authority , which has since been abolished. For England, franchising is now the responsibility of the Department for Transport in the majority of cases. In Scotland, it is the responsibility of Transport Scotland . In Wales, since 2017, the responsibility for the specification and procurement of the Wales & Borders franchise belongs to Transport for Wales . In two parts of England, local government agencies are responsible: in Merseyside ,
656-572: The Thameslink, Southern & Great Northern franchise and branded them as Thameslink and Great Northern. Services operated by Southern , another Govia subsidiary, were merged into the new franchise in the following year. Hull Trains became a 100% subsidiary of FirstGroup when the 80% shareholder bought out its partners. In March 2015, a Stagecoach and Virgin joint venture trading as Virgin Trains East Coast commenced operating
697-791: The passenger transport executive or other civic body responsible for administering public transport. One of these bodies, the Merseyside Passenger Transport Executive (Merseytravel) is responsible for one of three National Rail franchises not awarded by central government, namely the Merseyrail franchise, while certain National Rail services in North London came under the control of TfL in November 2007 as London Overground. Two other franchises,
738-630: The Association of Train Operating Companies) provides a commonality for the TOCs and provides some centralised co-ordination. Its activities include the provision of a national timetable and online journey planner facility, and the operation of the various Railcard discount schemes. Eurostar is also a member of the RDG, though it is not itself a TOC. For historical and geographical reasons
779-565: The British Railways Board. They acted as shadow franchises prior to being put to tender: The opening of the Channel Tunnel saw operations by Eurostar begin from London Waterloo to Paris and Brussels . The franchising process was implemented, with various private companies taking over the shadow franchises. Three were awarded to management buyouts . The Great Western Holdings ' management also were awarded
820-557: The DfT Rail Group. Until 2005 this role was performed by the Strategic Rail Authority . The infrastructure of the railways in England, Scotland, and Wales – including tracks and signalling – is owned and operated not by the train companies but by Network Rail , which took over responsibility from Railtrack in 2002. Most passenger trains are owned by a small number of rolling stock companies (ROSCO) and are leased to
861-659: The East Coast franchise. In April 2008, Wrexham & Shropshire began operating open access services between Wrexham and London Marylebone . In June 2008, the Gatwick Express franchise was integrated with the South Central franchise operated by Southern . The government announced that National Express East Coast would have its franchise to operate intercity services along the ECML terminated, and that
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#1732775480329902-587: The North West Regional Railways franchise. The remainder were divided between a handful of major transport operators: In Northern Ireland, NIR stopped using its own branding on the Enterprise service between Belfast and Dublin when it purchased new rolling stock in conjunction with IÉ, instead launching Enterprise as a separate brand name. Great Western Holdings , which operated Great Western Trains and North West Trains, became
943-582: The Scottish national franchise, currently operated by ScotRail , and the Welsh domestic franchise, operated by Transport for Wales , are awarded by the devolved governments of the two constituent nations. The Rail Delivery Group is the coordinating body of the train operating companies in Great Britain and owns the National Rail brand, which uses the former British Rail double-arrow logo and organises
984-519: The common ticketing structure. Many of the train operating companies are in fact parts of larger companies which operate multiple franchises. The railway network in Northern Ireland is managed differently from the rest of the UK. The sole company in Northern Ireland that operates trains is NI Railways , who are a subsidiary of Translink , the publicly owned transport corporation, which also runs
1025-514: The franchise would pass into the hands of public-sector company, Directly Operated Railways , which acted as the parent for East Coast . Grand Central open-access services from London to Bradford began on 23 May 2010. DB Regio's operations in the UK were integrated into those of Arriva following the acquisition of the latter by Deutsche Bahn in the previous year. Owing to continuing losses, Wrexham & Shropshire ceased operating on 28 January 2011. Abellio Greater Anglia began operating
1066-401: The franchising system, beginning its services from London Paddington to Heathrow with operating rights until 2023. The shareholdings of M40 Trains were restructured with John Laing owning 84% of the company with the remaining 16% held by former BR managers. MTL which operated Merseyrail Electrics and Northern Spirit and Prism Rail that operated c2c (renamed from LTS Rail earlier in
1107-443: The giving of grants to support marginal rail freight services and the building of freight facilities. The SRA was placed on a formal legal basis by the Transport Act 2000 and came into existence on 1 February 2001. The government wanted the SRA to take a more interventionist role with Railtrack and its successor Network Rail , but never gave it the legal powers to do so. Those powers rested with - and were jealously guarded by -
1148-567: The individual TOCs. However, a handful of TOCs own and maintain some of their own rolling stock. Train operating companies also operate most of the network's stations , in their role as station facility owners (SFO), in which they lease the buildings and associated land from Network Rail. Network Rail manages some major railway stations and several stations are operated by London Underground or other companies. Most passenger TOCs in Great Britain are privately owned. The majority of these hold franchises to operate rail services on specific parts of
1189-614: The name Wales & Borders . The remainder of Wales & West's services in the west of England were renamed Wessex Trains . John Laing bought out its partners in M40 Trains. Connex , having already lost the South Central franchise in 2001, was removed as franchisee of the South Eastern franchise in 2003 on the grounds of poor financial management. It was replaced as the franchise holder by South Eastern Trains ,
1230-404: The purview of National Rail, which operate specific services which are recent additions to Britain's railways. The main examples are Eurostar, which operates to continental Europe via the Channel Tunnel , and Heathrow Express , which runs fast services from London to Heathrow Airport . A number of metropolitan railways on the network are operated by the local franchise holder in conjunction with
1271-716: The railway and come under the auspices of the National Rail brand. In addition, companies are able to bid for "paths" (specific parts of the overall National Rail timetable) to operate their own services, which the franchises do not operate – these operators are classed as open-access operators and are not franchise holders. Currently in Great Britain, there are three open-access operators: Hull Trains , which runs services between London King's Cross and Hull , Grand Central , which operates between King's Cross and Sunderland and between King's Cross and Bradford , and Lumo , which operates between King's Cross and Edinburgh Waverley . In addition, there are operators that fall outside
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1312-678: The railway network of the United Kingdom is split into two independent systems: one in Great Britain (including the Isle of Wight ), and one in Northern Ireland, which is closely linked to the railway system of the Republic of Ireland. In Great Britain, passenger train services are operated by a number of companies, referred to as Train Operating Companies or TOCs, normally on the basis of regional franchises awarded by
1353-501: The routes operated by Silverlink in London, which were combined with the extended East London line in 2011. Services are controlled directly by TfL, with running of the trains themselves contracted to a private company as an operating concession. This is different from an ordinary franchise, as the train operator is not given control of the strategic aspects of the operation, such as pricing, timetabling and rolling stock procurement. In December 2007, National Express East Coast took over
1394-628: The running of the InterCity East Coast franchise from GNER . Grand Central also began operating its services between London and Sunderland as an open access operator. In January 2008, Laing Rail which owned M40 Trains and a 50% shareholding in London Overground Rail Operations was sold to Deutsche Bahn , becoming part of the DB Regio Group. In February 2008, One was re-branded by National Express as National Express East Anglia to bring it into line with
1435-532: The same franchise was partially enacted. In April 2004, One commenced operating the Greater Anglia franchise that combined the Anglia Railways and First Great Eastern franchises with the West Anglia Great Northern services radiating out from Liverpool Street . The remainder continuing to be operated as WAGN . In the North of England, prior to 2004 there were two regional franchises,
1476-588: The south-east of England, were replaced as the operator of the Network SouthCentral franchise by Govia , who began operating it under the name South Central . Also in 2001, a new franchise, the Wales & Borders franchise was created by the amalgamation of Valley Lines and the majority of services in Wales and the Borders held by Wales & West . The new franchise was initially operated under
1517-486: The terms of the Barnett Formula . The SRA's first chairman was Sir Alastair Morton , from February 1999 until October 2001. Its first chief executive was Mike Grant. Its second chairman (and also chief executive) was Richard Bowker , who served between October 2001 and September 2004. Its third chairman was David Quarmby, and third chief executive Nick Newton, from September 2004 to abolition. On 15 July 2004
1558-505: The year), Valley Lines Trains , Wales & West , and West Anglia Great Northern were purchased by Arriva and National Express respectively, resulting in the latter owning nine franchises. The two companies transferred to Arriva were renamed Arriva Trains Merseyside and Arriva Trains Northern. The first open access operator using the National Rail brand, Hull Trains , commenced running its services between King's Cross and Hull . In 2001, Connex , which had operated two franchises in
1599-454: Was awarding and ensuring compliance with passenger rail franchises – contracts between the state and private sector operators under which the operators committed to provide certain levels of service in return for public subsidies; some franchises were cash-positive, which meant that the operator paid the SRA for the right to provide the services. The SRA's other functions were concerned with the financial support of other unviable services, such as
1640-548: Was superseded by First Great Western Link and ScotRail (National Express) by First ScotRail . A new operator, Heathrow Connect , jointly run by BAA and First Great Western , began operating stopping services between London Paddington and Heathrow Airport complementing the Heathrow Express. Three new integrated franchises began operating in April 2006: Further integrations occurred in 2007. The first of these
1681-632: Was the South Western franchise ; this merged the original South West Trains franchise with the Island Line Trains franchise on the Isle of Wight and began operating in February 2007 under the name South West Trains, with Island Line retained as a separate brand. In November 2007, three new integrated franchises began operating: In addition to these three, a further new operator, London Overground Rail Operations , took control of