rolling stock company

{{Short description|Company owning railway engines and carriages}}

{{Use dmy dates|date=April 2022}}

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.{{Cite journal |last=Dennis |first=Gareth |author-link=Gareth Dennis |date=2022 |title=Britain's privatised railways |url=https://onlinelibrary.wiley.com/doi/abs/10.1111/newe.12320 |journal=IPPR Progressive Review |volume=29 |issue=3-4 |pages=234-243 |via=Wiley Online Library}}

Africa

  • Sheltam GrindrodRailways Africa 2007/6 p. 6
  • Swifambo Rail Leasing{{cite web|url=http://www.swifamboholdings.co.za/ |title=rail mobility at its best |publisher=Swifambo Holdings |date=2014-05-18 |access-date=2014-05-18 |url-status=dead | archive-url=https://web.archive.org/web/20140519022528/http://www.swifamboholdings.co.za/ |archive-date=2014-05-19 }}

Australia

Europe

= United Kingdom =

Three rolling stock companies in the UK - Angel, Eversholt and Porterbrook - paid £2.69 billion in dividends to shareholders from 2012 to 2020, averaging £299.5 million every year.J White, '[https://www.rmt.org.uk/news/publications/rmt-policy-briefing-rosco-profiteering061021/rmt-policy-briefing-rosco-profiteering-in-the-pandemic-061021.pdf Train leasing companies pay out nearly £1 billion in dividends during the pandemic]' (6 October 2021) RMT

United States

References

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Category:Rolling stock leasing companies

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