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FNM operates more than 300 km of railways connecting Milan with other northern provinces. The company provides both passenger (rail and bus) and freight transportation services throughout Italy's northernmost Lombardy region. It carries about 60 million passengers a year. FNM also has operations in energy with Azienda Elettrica Ticinese (Nord Energia), communications with Telecom Italia (NordCom), and alternative transportation with car rental and electric vehicle companies. The Lombardy regional government owns a little more than half of FNM, which began operations in 1877; originally Ferrovie Nord Milano, it changed its name to FNM in 2006.

FreightCar America, Inc., through its subsidiaries, manufactures, rebuilds, repairs, sells, and leases freight cars used for hauling coal, other bulk commodities, steel and other metals, forest products, and automobiles primarily in North America. FreightCar America, Inc. designs and manufactures aluminum-bodied and steel-bodied railcars for use in various industries. It also refurbishes and rebuilds railcars, and sells forged, cast, and fabricated parts for all of the railcars it produces, as well as those manufactured by others. Its customers primarily include financial institutions, shippers, and railroads. FreightCar America, Inc. was founded in 1901 and is headquartered in Chicago, Illinois.

Genesee & Wyoming Inc., through its subsidiaries, owns and operates short line and regional freight railroads in the United States, Australia, Canada, and the Netherlands. The company’s railroads transport various commodities, such as coal, coke, and ores; pulp and paper; metals; minerals and stone; lumber and forest products; farm and food products; chemicals and plastics; petroleum products; autos and auto parts; and municipal waste and haulage traffic. As of December 31, 2009, it owned, leased, or operated 62 short line and regional freight railroads with approximately 6,000 miles of owned and leased track; and approximately 3,400 additional miles under track access arrangements. The company provided rail service at 16 ports in North America and Europe. The company also provides railcar switching services; railcar hire and rental services; demurrage and storage services; and freight car repair services, as well as sells diesel fuel to other rail operators. Genesee & Wyoming Inc. was founded in 1899 and is headquartered in Greenwich, Connecticut.

Guangshen Railway Company Limited, together with its subsidiaries, primarily provides passenger and freight transportation services on the Shenzhen-Guangzhou-Pingshi railway in the People's Republic of China. Guangshen Railway company’s freight services include the transportation of full load and single load cargo, containers, bulky and overweight cargo, dangerous cargo, fresh and live cargo, and oversized cargo. It also offers long distance passenger transportation services. In addition, Guangshen Railway company engages in the sale of food, beverages, and merchandise on board the trains and in railway stations. Further, it engages in the operation of a travel agency, as well as provision of services relating to warehousing, hotel management, cargo loading and unloading, catering management and services, advertising, and freight transportation and package agency services. Additionally, the company provides property management services, as well as involves in the supervision of construction projects. As of December 31, 2009, it operated 218 pairs of passenger trains, including 100 pairs of inter-city high-speed passenger trains between Guangzhou and Shenzhen; 13 pairs of Hong Kong Through Trains; and 105 pairs of long-distance passenger trains. Guangshen Railway company was founded in 1996 and is based in Shenzhen, the People's Republic of China.

Indiana Harbor Belt Railroad was formed in 1907. Indiana Harbor Belt Railroad provides switching services on its network of more than 50 miles of mainline track in Indiana and Illinois. The company serves the Chicago area, which is North America's primary railroad hub. Indiana Harbor Belt handles traffic from industrial customers, such as chemical and metal producers, and interchanges traffic with about 15 other rail lines. Steel companies account for the largest share of the company's freight traffic. Conrail, which is controlled by Norfolk Southern and CSX, owns 51% of Indiana Harbor Belt; Canadian Pacific Railway owns 49%.

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