Trackage rights (US), running rights or running powers (UK) is an agreement whereby a railway company has the right to run its trains on tracks owned by another railway company.
Read more about Trackage Rights: Above Rail and Below Rail, Charges
Famous quotes containing the word rights:
“In our governments the real power lies in the majority of the community, and the invasion of private rights is chiefly to be apprehended, not from the acts of government contrary to the sense of the constituents, but from the acts in which government is the mere instrument of the majority.”
—James Madison (1751–1836)