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Friday, 01 August 2008

BBC News

Department for Transport

  • £400m Government investment in North East transportMajor renewals on the Tyne and Wear Metro and plans for a new river crossing in Sunderland have been given the green light today, after Transport Minister Rosie Winterton announced a new funding package of around £400 million for these important North East schemes.
  • Step forward in Pendolino lengthening projectAgreement has been reached with Virgin Rail Projects Ltd to support the Department for Transport's plans to introduce longer 'Pendolino' trains on the West Coast Main Line.

Financial Times

  • Exxon again sets US profits recordThe run-up in oil and natural gas prices in the second quarter led ExxonMobil to report the highest profit by a US­ company, in spite of falling production, lower refining and chemical margins and rising operating costs
  • Lufthansa's German operations sufferEurope's second-largest carrier, which also owns Swiss airlines, saw second-quarter operating profit at its German passenger operations shrink 34% as record fuel prices and global economic troubles took their toll
  • BrisConnections falls 60% on debutBrisConnections, which has won a tender to operate an airport toll road, recorded one of the worst stock-market debuts in recent memory with its share price sinking 60 per cent on its first day of dealing
  • Ryanair expands presence in ItalyRyanair, the biggest European low-cost carrier, is expanding its presence in Italy by establishing two more operating bases at Bologna and Forli

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Daily Post (North Wales)

  • Airbus pays out £500m for A380 delaysLATE deliveries of Airbus’ flagship A380 superjumbo have cost the company more than £500m in compensation payouts to airlines, it was revealed yesterday.

Edinburgh Evening News

Journal Live

  • £600m spending spree for regionGOVERNMENT spending chiefs are to open up their books and ask the North East to advise on the best way to spend £600m a year in transport and housing cash.

Liverpool Echo

London Evening Standard

Manchester Evening News

  • Charge to miss key congestionHALF the cost of congestion to Greater Manchester is caused by traffic that never comes inside the M60, new figures have revealed.
  • Metrolink's '3,200 new jobs'THE proposed expansion of Greater Manchester's Metrolink network will generate more than 3,200 new jobs in the city area over the next 18 years, a report said today.
  • Fuel prices boost National ExpressBUS and trains group National Express today said it was encouraged by trading as soaring petrol prices force travellers out of their cars.

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This Is Local London Network

  • HARROW: Council cuts speed to go greenRoads in the borough could see a fleet of slow-driving Harrow Council cars, vans and school buses after staff were advised to reduce their speed.
  • Boris nearing 100Approaching his 100th day as London Mayor, Boris Johnson talks about tackling knife crime, Heathrow and cycle superhighways.

Wales Online

Blackpool Gazette

Daventry Express

  • People's pod panel meetingA NEW people's panel that will advise Daventry District Council as it moves towards building a pod pilot track in town meets for the first time today (Thursday).

Northants Evening Telegraph

Washington Post

  • Auto sales seen down sharply in July DETROIT (Reuters) - Automakers are expected to report on Friday that U.S. auto sales fell for a ninth consecutive month in July, as the industry hits its worst showing in 15 years.

Chartered Institute of Logistics and Transport

  • Ocean freight tracking system developedInttra has developed a new solution to aid tracking of shipments throughout the supply chain.The ocean freight specialist has designed Idle Container Management (ICM) for freight forwarders and shippers in order to ensure visibility and alert customers if shipments are not on track.Inttra's vice president of commercial John DeBenedette explained that such visibility of data is key to the success of the logistics industry."With the availability of Inttra ICM we are providing companies with a simple-to-use comprehensive solution that enables them to take greater control of their supply ...

Railnews

  • News: Birmingham Gateway Project Dubbed 'Cosmetic Exercise' By MPs THE £600 million New Street Gateway project to redevelop and transform Birmingham New Street station and the surrounding area has moved a step closer with the City Council’s drawing up of a Compulsory Purchase Order in respect of a 14-acre site which includes the Pallasades shopping centre above the station.

Transport for London

Aviation Industry

Other News Sources

  • New Rosyth ferry crossing deal just days awayA DEAL for a replacement ferry operator to take over from Superfast could be just days away but the Scottish Government wants a daily service reinstated.
  • UntitledA public consultation is to be carried out on proposals to develop an industrial link road in Crediton
  • Drivers are getting back on their bikesMOTORISTS in Burton and South Derbyshire are ditching their cars for transport of the two-wheeled variety, according to local cycle retailers.
  • Fuel duty freeze is only first stepThe Forum of Private Business (FPB) believes that the Government's decision to postpone the planned 2p increase in fuel duty, which was scheduled to take place in October, is a welcome first step.
  • July 31: Train put profit before passengersOne morning this week, myself and several other passengers were informed by a member of train staff that this train will no longer be running from December. I cannot believe that such a train, which is filled every day, could not be making a profit.
  • National Express extends Dot2Dot Heathrow serviceThe Dot2Dot service offers an innovative, convenient and direct route from London to one of the UK's biggest airports.
  • axe falls on Bus servicesWEEKLY bus services linking Market Rasen and Caistor to Louth are being axed at the end of August.
  • A quiet, green mini motoA new type of small electric motorcycle, the OSET trials bike offers an environmentally friendly and more socially-acceptable alternative to the miniature petrol-engined motorcycles known as mini motos or pit bikes that have become the scourge of residential areas around Britain.
  • Crossrail boss Doug Oakervee kicks off nce.co.uk's new-look audio and video sectionCrossrail chairman Doug Oakervee has today kicked off nce.co.uk's new-look audio and video section by talking exclusively with NCE editor Antony Oliver on what's next for the £16bn mega-project. Click here to watch and listen now!
  • TDG profit and turnover riseTDG has reported an increase in profit and turnover for the first six months of 2008, despite being involved in takeover speculation for much of the period.

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