Cross-National Rail Company: Difference between revisions
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| Cross-National Rail Company | |
|---|---|
| Overview | |
| Type | Higher speed rail |
| Status | Operational |
| Locale | Belhavia Ayton-Shelvay UTR |
| Termini | Freeport City, Freeport, Belhavia (start/north) Port Farfroyren, Belhavia (south) Sussex, UTR (east) |
| Stations | 16 |
| Operation | |
| Opened | Freeport City to Dakos Freeport City to Provisa Freeport City to Raffenburg Dakos to Tel Avson Tel Avson to Sussex Provisa to Port Farfroyren |
| Closed | Provisa to Netiyot (Undergoing repairs until February 2016) |
| Owner | Roth Industries |
| Character | At-grade |
| Technical | |
| Track length | 10,451 mi |
| Track gauge | 1,435 mm (4 ft 8 1⁄2 in) |
Cross-National Rail Company is a large Belhavian private commuter, passenger, and freight transport rail company. It operates the largest commuter and long-range passenger rail line in the country, and is the fourth-largest freight rail shipper within Belhavia. It is a subsidiary of Roth Industries.
Finances
In 2014, CNRC brought in $4.67 billion in revenue and had $3.85 billion in costs, deriving a profit of $820 million shekels.
CNRC struggled to eke out a profit after being privatized in 1983 until 1988, when it was bought at a discount by Roth Industries. Since then, Roth pursued an aggressive expansion of commuter and long-range passenger rail lines to urbanized, populated corridors profitable for rail transport and has seen the company's profits go from a paltry $1.7 - $3.5 million range in the late 1980s and early 1990s to over a billion shekels in profit in the mid-2000s. Revenues slumped modestly during the Recession of 2006, but since 2011, passenger rail travel has grown by double-digits, and CNRC has posted annual revenues above $500 million in the years since.
Aisling business magazine Enterprise estimates that if current growth in ridership continues, CNRC will exceed a billion in profit in the late 2010s.