Keyword Analysis & Research: definition rolling stock


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What is rolling stock in the rail transport industry?

The term rolling stock in the rail transport industry refers to railway vehicles, including both powered and unpowered vehicles: for example, locomotives, freight and passenger cars (or coaches), and non-revenue cars. Passenger vehicles can be un-powered, or self-propelled, single or multiple units.

Why is rolling stock used as collateral?

Rolling stock is used as collateral on some loans because it is easy for the lender to take possession of them in the event of default. Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved Any of various readily movable transportation equipment such as automobiles, locomotives, railroad cars, and trucks.

What is the rolling stock and components program?

Risk assessment and mitigation, along with support for safety assurance are also integral elements of this program. The Rolling Stock and Components program seeks to fulfill the demands of faster, heavier, and longer trains by extending equipment and material life through early defect detection and advanced material development.

Are we seeing new rolling stock on our networks?

The rolling stock leasing companies who now own most of the passenger rolling stock, were privatised in 1995. We should be seeing new rolling stock appearing on our networks; we are not. The rolling stock leasing companies, who now own most of the passenger rolling stock, were privatised in 1995.

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