Taiwan Railways (TR) has been a sole and important business in the public train transportation industry in Taiwan. Yet, it was challenged
by a new comer, Taiwan High Speed Rail Corporation (THSRC), in the end of 2006. Our research investigated the service provided by these two
organizations, in order to understand the factors influencing service quality, customer satisfaction & customer loyalty. Research results showed
that there are significant difference in the perceived value, perceived price, service quality, customer satisfaction, customer loyalty, except
business image and marketing campaign. In general, THSRC gained higher evaluation in almost all aspects. They shared the same results in the
significant influences of business image on perceived value, perceived price on service quality, perceived price on perceived value, business
image on customer satisfaction, customer satisfaction on customer loyalty, and business image on customer loyalty. Different results were found
in the partial influence of service quality on customer satisfaction, and service quality on business image; non-consistent influences of perceived
price on customer satisfaction, perceived value on customer loyalty, marketing alternative on perceived value, service quality on perceived value,
and marketing alternative on customer satisfaction; and finally, insignificant influences of perceived value on customer satisfaction. TR tends to
provide short-distanced service. However, THSRC offers relatively long-distanced service between stops. Future research was suggested to
focus on the improvement of service quality and how to increase the effectiveness of marketing campaign by information technology