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Date unveiled for launch of new Borders railway service

TRAINS will start running on the new Borders railway in September next year, almost 50 years after the last passenger journeys ended.

Thursday, 21 August 2014

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Financial Times

  • Hertz: pain for gainCar rental group is faced with an accounting mess, the departure of several key executives and weak business results. But optimism endures
  • NOL weighs sale of logistics armSingapore’s Neptune Orient Lines considers sale or public listing of APL Logistics unit as it grapples with overcapacity and depressed freight rates
  • Icahn signals a move on HertzRevisions from accounting review combined with record recalls by carmakers and delayed integration of Dollar Thrifty behind cut to predicted profit

The Guardian

  • UK car industry exporting at record rateAlmost eight out of 10 vehicles made in Britain are now destined overseas, with 5m cars exported since 2010, says industry bodyBritain is exporting cars at a record rate amid strong international demand for luxury brands.The UK has exported more than 5m cars since 2010, marking the best start to a decade, said the Society of Motor Manufacturers and Traders (SMMT). Continue reading...
  • What the distance from the station does to the price of your houseSurvey by Nationwide of London, Manchester and Glasgow puts numbers on the value of living close to public transportA nearby tube station adds £42,000 to the price of a London house, a Manchester Metrolink stop adds £12,000, while proximity to a Glasgow rail station is worth £9,400, according to analysis by Nationwide building society.Researchers found that buyers in London will pay an average of 10.5% more for a home that is within 500 metres of a tube station, equal to £42,000 on a typical property. If the walk to the station is just another 250 metres...
  • Rise in sexual offences reported on Britain's rail network, figures showPolice say increase partly attributed to rail travellers' growing confidence in coming forward about harrassmentThe number of sexual offences recorded on British railways has risen by 20%, although overall crime on the rail network has fallen, according to the British Transport police.Officers recorded 1,117 sexual offences in the 12 months to March 2014 up from 925 the previous year. Most of the increase was incidents of sexual crime against women or girls, which rose from 485 to 624. Sexual crime against males rose from 27 to 42, while cases of exposure increased from 141 to 148, and other ...

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Bus and Coach.com

  • Megabus.com trials 15m ScaniaThe UK's first 15m Scania Irizar i6 coach enters service this month on a six-month trial on Stagecoach's megabus.
  • Coach rolls on M5 motorwayThere were no serious injuries reported in a dramatic crash in which a Volvo Plaxton operated by Prospect Coaches of Stourbridge left the M5 motorway in Gloucester and ended up on its side on an embankment.
  • Workshop accreditation from CPTCPT has launched a workshop accreditation scheme.
  • Kirk leaving Oxford BusPhilip Kirk is stepping down as managing director of the Oxford Bus Company after almost 20 years with the business, 14 as managing director He will be succeeded by Phil Southall, who is currently operations director.

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News from Europe

  • EU regulators seek to close car emissions testing loopholesEU regulators are preparing draft legislation that will require vehicle fuel use to be tested on roads rather than in laboratories, looking to close loopholes that allow car makers to exaggerate fuel-saving and emissions credentials. From 1 September, slightly tougher EU testing standards will be enforced, in line with a global push for accuracy. More-stringent standards are likely to be opposed by automakers.

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