March 28, 2004

Train Operating Companies (TOCs)

TOCs are the privately-owned bodies that operate trains under Britain's fragmented railway system. They are entitled to do so under a system of franchises that are awarded by the Government. Franchises last from 2 years up to about 13 years depending on, well... whatever. TOCs rarely (if ever) own their own trains. These are owned by ROSCOs who lease trains to the TOCs

To see how they fit into the grand scheme of things see here.

Further Reading

Association of Train Operating Companies

Patrick Crozier | Comments (0)