Transportinfo.org.uk - today's transport news in the uk, hand picked for you each morning

Sunday, 30 November 2008

Financial Times

• Opec delays further output cutThe Opec oil cartel decided to defer any decision to further cut its output in order to boost prices. It's next cut could come as early as December 17 when the group meets in Oran, Algeria

Times Online

• Britain’s cars may go electric by 2025Britain's roads would become green, clean and silent if the plans to be set out by the government’s Committee on Climate Change tomorrow were realised.
• GM boss in last-ditch talks on debt for equity swapGeneral Motors is in emergency discussions with its lenders this weekend over a multi-billion dollar debt-for-equity deal that could save the iconic American car giant from a Chapter 11 bankruptcy filing.
• Hot wheels: Farbio GTS400Look hard enough and amid all the doom and despondency in the car industry at present, there are still some small pockets of good news. To find this one you’ll need to go to some farm buildings between the M4 and Bath.

Daily Record

• Mobile phone death toll on Scots roadsMotorists are still being killed on Scots roads as a result of drivers using mobile phones, it was revealed yesterday.

The News (Portsmouth)

• Bow section starts journey to ScotlandSlowly being towed out of Portsmouth Harbour, a huge section of the navy's latest destroyer has begun its long journey to Scotland.

Peterborough Telegraph

• Council launches pothole patrolA council is launching "pothole patrols" in an attempt to reduce complaints about the state of roads and footpaths in Essex.

Aviation Industry

• Cathay to park freighters, offer unpaid leaveCathay Pacific Airways Ltd. said Friday it will park two freighters, offer unpaid leave to employees and may delay construction on a cargo terminal to cut costs amid the global economic downturn.
• Asian Stocks Fall on Derailed Rio Bid, Toyota Downgrade; Fukuoka DeclinesAsian stocks fell as credit market turmoil derailed BHP Billiton Ltd. 's $66 billion takeover of Rio Tinto Group and Toyota Motor Corp.

Other News Sources

• First venue ready for London 2012Work to enhance the sailing facilities at Weymouth and Portland has been completed, the Olympic Delivery Authority (ODA) today announced.
• Race to meet A380 delivery target will be close Airbus believes it can still meet its revised target of delivering 12 A380s by the end of this year, but admits it will be a close-run exercise. Executive...
• Plans scrapped for Scottish biofuel plantPlans to build a £65 million biofuel refinery plant in Scotland have been indefinitely put on hold because of the credit crunch, much to the relief of eco-campaigners. Ineos Enterprises, the oil refinery company who planned to build the plant, said the current economic climate and doubts about the environmental sustainability of biofuels have made the [...]
• Alliance Air Freight (Shipalliance.com) Announces the Addition of a New Heavyweight Shipping Freight Terminal Building in San Francisco, CAAlliance Air Freight and Logistics adds location in CA. This will enable commercial/industrial customers as well as eBay users to obtain freight quotes instantly for shipments originating or delivering to San Francisco and the Northern CA area. Heavyweight shipping services will be offered to all of CA.
• Airport closure 'farce'Flights to and from Newquay Airport will be suspended or diverted elsewhere when it closes temporarily on Monday.
• $1bn rail line awaits signalBahrain's first monorail line could run from Muharraq and pass through Manama, Seef, and Isa Town before ending at Alba. It is the first of four proposed lines and is expected to...
• Firms to set freight ratesManama: Shipping companies will now be allowed to set common freight rate levels and determine surcharges. International Chamber of Commerce - Bahrain (ICC-Bahrain), has announced that the European U...

EIN News Subscription

• Passengers stranded in Channel tunnelFive hundred passengers were stranded in darkness for hours when a Eurostar train became stuck in the Channel tunnel yesterday. Travellers said temperatures soared to "frightening levels" after a power cut halted the train and ...
• PRESS DIGEST - British Sunday business press - Nov 30FlyBe in talks to buy BMI. Regional airline Flybe is in talks about acquiring bmibaby ... in 2006 and 2007.