FedRail: Difference between revisions
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The corporation was created as a re-nationalization of the Tarperti railroad network after it was privatized during the Second Republic. Before privatization, the railways were owned and operated by the People's Railroad Commission in the time of the Tarperti Confederation. The reason to move past privatization was a decision by the government in order to more efficiently manage the nation's reconstruction as dealing with multiple private corporations was seen as tedious. | The corporation was created as a re-nationalization of the Tarperti railroad network after it was privatized during the Second Republic. Before privatization, the railways were owned and operated by the People's Railroad Commission in the time of the Tarperti Confederation. The reason to move past privatization was a decision by the government in order to more efficiently manage the nation's reconstruction as dealing with multiple private corporations was seen as tedious. | ||
FedRail is the sister company to the Federal Freight & Cargo Corporation of Tarper, or simply, FedGO. Both state corporations are under the jurisdiction of the Bureau for Railway Transport, which itself is under the Ministry for Transport. | FedRail is the sister company to the Federal Freight & Cargo Railroad Corporation of Tarper, or simply, FedGO. Both state corporations are under the jurisdiction of the Bureau for Railway Transport, which itself is under the Ministry for Transport. | ||
==History== | ==History== | ||
==Operations== | ==Operations== | ||
Revision as of 21:02, 22 March 2022
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| FedRail_Tarper_Logo.png Logo since 2020 | |
| State-owned enterprise | |
| Industry | Railway transport and rolling stock manufacturer |
| Predecessor | Numerous private railways during the Second Republic |
| Founded | November 1, 2002 |
| Headquarters | BRT Main Tower, Union Square, Terraum , Tarper |
Key people | Arlene Randall (FedRail president) |
| Brands | Federal Railways of Astra Austerfluss Federal Railways Bergfeld Transport Citrone & Northern Railway Chemins de fer de Plamyadie de l’Est Longrove Central Railroad Meerland Lines Nordstrand Railway System Railways of Outer Comico Transport for Terraum Vastridge & Netherstrand Railway Whylsental & Eastern Railway |
| Revenue |  ₭40.576 billion (2020) |
| ₭4.797 billion (2020) | |
| ₭716 million (2020) | |
| Owner | Federal Government of Tarper (75%) FedRail Employees (25%) |
Number of employees | 295,653 (2020) |
| Parent | Bureau for Railway Transport |
The Federal Passenger Railway Corporation of Tarper, doing business as FedRail, is a nationalized railway corporation in Tarper. It is a state-owned corporation but the government has allowed for a quarter of it to be owned by its employees.
The corporation was created as a re-nationalization of the Tarperti railroad network after it was privatized during the Second Republic. Before privatization, the railways were owned and operated by the People's Railroad Commission in the time of the Tarperti Confederation. The reason to move past privatization was a decision by the government in order to more efficiently manage the nation's reconstruction as dealing with multiple private corporations was seen as tedious.
FedRail is the sister company to the Federal Freight & Cargo Railroad Corporation of Tarper, or simply, FedGO. Both state corporations are under the jurisdiction of the Bureau for Railway Transport, which itself is under the Ministry for Transport.
History
Operations
Brands
Rolling Stock
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