Rolling stock company

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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.

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Rolling stock companies have been criticised as rentier capitalist, in that they add little value to the end product compared to direct ownership of the trains by the train operating companies, and extract profits from what were once in many cases government-owned and government-financed assets. [1] However, the arrangement removes the need for the train operating companies to raise capital to purchase the rolling stock.

Africa

Australia

Canada

Europe

United Kingdom

ROSCOs began to be used when British Rail was privatised, beginning in 1994. [4]

United States

References

  1. ↑ Dennis, Gareth (2022). "Britain's privatised railways". IPPR Progressive Review. 29 (3–4): 234–243 – via Wiley Online Library.
  2. ↑ Railways Africa 2007/6 p. 6
  3. ↑ "rail mobility at its best". Swifambo Holdings. 18 May 2014. Archived from the original on 19 May 2014. Retrieved 18 May 2014.
  4. ↑ "Railway passenger franchises" (PDF). House of Commons Library. 23 May 2018. p. 5. Retrieved 27 May 2025.


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