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Tuesday, 29 July 2008

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  • China Railway wins contracts worth $1.2 billionSHANGHAI, July 29 (Reuters) - China Railway Group , the country's largest railway and highway builder, said on Tuesday that two of its subsidiaries have won two contracts worth a total of 8.1 billion yuan ($1.2 billion).

Transport Briefing

  • Uckfield-Lewes rail reopening report publishedLocal authorities in East Sussex have clashed following the publication on Friday (25 July) of a report by Network Rail and consultant Mott MacDonald which claims there is currently no business case for restoring a seven and a half mile rail link between Uckfield and Lewes.

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  • Bypass cost may trebleTHE cost of the Mottram to Tintwistle bypass could hit £315m - more than treble the original forecast.

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  • Toyota cuts 2008 outlook TOKYO (Reuters) - Toyota Motor Corp (7203.T) on Monday cut its 2008 groupwide global sales forecast by 350,000 units to 9.5 million vehicles due to a pronounced downturn in the U.S. market, in a rare setback for the world's biggest automaker.
  • Air Travel Failings Exposed Again by Weekend Storms The line of thunderstorms stretching from Albany to Washington over the weekend showed once again how broken the nation's air system is, according to travelers and activists.

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