Getting The Deal Through logo
Getting The Deal Through

Global Overview

Matthew J Warren

Sidley Austin LLP

Tuesday 01 October 2019


From the very outset, railways have been a global phenomenon. When the Liverpool and Manchester Railway, the world’s first intercity rail service, premiered in 1830, construction had already started across the Atlantic on the United States’ first railway, the Baltimore and Ohio Railroad. As detailed by railway historian Christian Wolmar in Blood, Iron and Gold, within a decade of the Liverpool and Manchester Railway’s successful debut, railways were spreading across Europe to nations such as France, Belgium and Italy. By the 1840s the new technology was being introduced in Asia and South America, and was well on its way to revolutionising transport around the globe. This rapid expansion is not surprising. While for centuries (and indeed millennia), waterways provided the only avenues for low-cost, high-volume transport, the advent of the iron road opened up new opportunities for transporting people and goods across virtually any terrain.

To read more
sign up for access
or

login here login here.

In house counsel join for free. Individual practitioners and lawyers may register for a free trial. For information on firmwide subscriptions please contact us.




Follow Getting the Deal Through for the latest updates on law and regulation worldwide

Follow us on LinkedIn