Americans tend to say "railroads" whilst us Brits never say that, we say "railways"
And yet, the official name of many American railroads include the word "Railway".
One of the biggest, BNSF, is actually named BNSF Railway.
Norfolk Southern is also a Railway, as were its constituents Norfolk & Western and Southern.
The tactic seems to be to alternate the name Railroad/Railway whenever the corporation is reconstructed (often after bankruptcy - eg UPRR/RW).
Both large Canadian railways (CP, CN) are Railways.
Road is used as a term on British railways, meaning the specific track or line of route (eg Up Road, Through Road) rather than relating to the owning company.
Having said that, some of the earliest GB railways were promoted as "Rail Roads".