This report sets out to examine the rail industry worldwide, and explores the many differences that exist in rail service provision across the globe. The effect of the recent worldwide recession upon the industry is examined, as well as investigating the differences between private and nationalised rail services. The competitive environment operating within the industry and developments across regions are observed, as well as the future direction of rail technology and its operators.
Rail transportation refers to travel by passenger train, excluding freight and car transport for both business and leisure purposes.
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