Reuters: November 20, 2008
LONDON -- Network Rail said on Thursday its pretax profits fell 10 percent in the six months to end September to 706 million pounds, and that it was seeking a debt rating in the new year.
Continue reading "Network Rail says profits down and seeks debt rating" »
Daily Telegraph: 17 Nov 2008
By Oliver Smith
Visitors to France could face transport chaos this week as train drivers plan to join Air France pilots in a walk out.
Around half of Air France's services have been cancelled since Friday Photo: GETTY
Continue reading "French rail strike to increase travel disruption" »
International Freight Weekly: 14-11-2008
A new EC report into rail liberalisation has found many rail operators are happy with the current level of privatisation and want no further change.
Continue reading "Rail group slams EC report on privatisation" »
AFP: 13 Nov 2008
By Elise THIRY-BOUVIER
Thousands of rail workers, from a dozen European countries, demonstrated in Paris on Thursday at the invitation of the European Transport Workers’ Federation (ETF) against the railway policies of the EU and of the railway companies.
RMT anti-EU protesters in Paris (Photo: Andrew Wiard )
Continue reading "European railworkers march in Paris against rail liberalisation " »
Financial Times: November 15 2008
By Matthew Engel
Should you miss this one, you can always catch another - at the same time tomorrow.
RMT: November 12 2008
MEMBERS OF rail union RMT from across Britain will demonstrate in Paris tomorrow (Thursday 13 November 2008) as part of an international protest against European Union diktats demanding the break up and privatisation of rail networks in all member states.
Continue reading "RMT joins Paris protest against EU rail privatisation drive" »
BBC News: 11 November 2008
The £16bn Crossrail project to build a 74-mile rail network across London could now be extended to north Kent.
The rail link would connect London with Heathrow and north Kent
Welwyn and Hatfield Times: 10 November 2008
SIX years ago, seven people were killed in one of the worst train wrecks of the modern era.
Scene of the tragedy at Potters Bar railway station
Continue reading "Potters Bar rail crash: Support grows for our inquiry bid" »
International Freight Weekly: 07-11-2008
By James Falkner in Brussels
European rail operators might soon have to raise freight rates to pay for key infrastructure upgrades as public coffers have run dry.
Continue reading "Public funds running out for rail operators" »
RMT: November 6 2008
ANY THREAT of forced redundancies of RMT members at TfL and London Underground will be resisted, the capital’s biggest tube and rail union said today.
Continue reading "Job losses at TfL will be resisted, says RMT" »
Deutsche Welle: 05.11.2008
Germany's trains tend to arrive relatively punctually, but plans to partially privatize the rail service have been postponed for the second time. The government blames global economic instability for the delay.
The trains may still be running, but privatization plans have ground to a halt
Continue reading "Germany's Partial Railway Privatization Derailed for Now" »
Daily Mirror: 06.11.2008
By Clinton Manning
Britain's biggest bus and train company, FirstGroup, has been slammed for putting profits First and passengers last.
Bloomberg: Nov. 5
By Brian Lysaght
The U.K. government dismissed Mayor Boris Johnson's call to cover a 1.4 billion-pound budget shortfall for London Underground, and the dispute may undermine the railway's upgrade program.
Continue reading "UK Government Spurns Call to Cover 1.4 Billion-Pound London Tube Deficit" »
RMT: November 5 2008
FIRST GROUP and its shareholders are profiteering at the expense of passengers and transport workers, the industry’s specialist trade union said today as the group published its half-year figures.
Continue reading "Huge First Group profits an obscenity, says RMT" »
Press Association: 05 November 2008
Transport company FirstGroup reported higher interim profits and better-than-expected cost savings from its acquisition of US bus firm Laidlaw.
Guardian: November 05 2008
Dan Milmo
One of Britain's largest public transport operators backed the case for a third runway at Heathrow airport today as it confirmed that bus and rail journeys are proving more recession-proof than airline trips.
Financial Times: November 5 2008
By Mure Dickie in Beijing
Shares in China Railway Construction Corp fell 18 per cent in Hong Kong yesterday on news Nigeria had suspended its $8.3bn contract to modernise a north-south line across the African nation.
Continue reading "Nigerians halt $8bn rail deal with Beijing" »
Jane's Information: 5 November 2008
By Ken Harris
Jane's provides an overview on world market developments in high-speed rail in 2008.
Financial Times: November 4 2008
By Paul Betts
Governments on both sides of the Atlantic are rediscovering these days the virtues of national ownership as they continue to mount state bail-outs of their hard-pressed banking and insurance industries.
Continue reading "Privatisation goes on hold on both sides of the Rhine" »
BBC News: 3 November 2008
More railway stations in the South East are to be staffed at night and more will have ticket gates, the government has announced.
The new franchise will include services currently run by Southern
Continue reading "Southern stations to get more night staff" »
Building: 3 November, 2008
By Olivia Boyd
Government not giving Network Rail the investment it needs, says Association for Consultancy and Engineering
Continue reading "Engineering body says rail funding figure is 'deeply worrying'" »
Sunday Herald: 2 November 2008
By John Phelps
Laidlaw earnings boost profits while dollar’s strength deepens debt
ABERDEEN'S FIRSTGROUP will celebrate its arrival as the world's biggest public transport combine in mixed fashion on Wednesday. Sir Moir Lockhead is due to check in with news of sharply increased profits but he has seen his share price crumple to new lows.
Continue reading "FirstGroup’s US exposure proves a mixed blessing" »
Western Mail: Nov 1 2008
by David James,
PLANS to speed up the London to South Wales train line when the Severn Tunnel is shut have been shelved amid a cut in public funding for the railways.
Continue reading "Plan to speed up South Wales to London rail diversion shelved" »
rail professional 9: november 2008
by Paul Clifton
Most rail passengers prefer to queue at ticket offices rather than buying their fare from a machine.
Continue reading "‘Passengers prefer people to machines when buying tickets’" »
Reuters: Oct 31, 2008
By Dave Graham
BERLIN - The German government on Friday defended Transport Minister Wolfgang Tiefensee against calls he resign because of his role in a row over bonus payments linked to the planned listing of national rail operator Deutsche Bahn.
Continue reading "German minister under fire over rail bonus row" »
