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Tube Lines names chief executive

A senior transport industry executive is set to be the new chief executive of the company upgrading three of London Underground's most important lines, it was...

Carr takes charge of FirstGroup finances but Finch flies nest

Aberdeen-based FirstGroup has hired easyJet’s finance director Jeff Carr to perform the same role for it but has lost chief operating officer Dean Finch who spearheaded its US drive.

News: Call for end to rail replacement bus services

AS passengers face further disruption over the May Day bank holiday weekend, consumer watchdog Passenger Focus has called for train companies to use rail replacement services as a last resort — and to relax rules governing alternative routes.

Saturday, 02 May 2009

BBC News

Financial Times

  • Meiras named as successor to Ferrovial chiefIn a surprise move reflecting tension at the infrastructure group, Ferrovial names Inigo Meiras, vice-president of BAA, as successor to chief executive Joaquín Ayuso
  • Revenues down at China's shipping groupsThe profitability of China Cosco and China Shipping appears to be falling faster than their rivals' as they come under pressure to fill their fleets with cargo at low rates
  • Moller-Maersk in disposal talksThe Danish company, owner of the world's largest container shipping line, confirms that it is in talks about a 'possible transaction' involving Norfolkline, its ferry business
  • Tube Lines names chief executiveA senior transport industry executive is set to be the new chief executive of the company upgrading three of London Underground's most important lines, it was...
  • EasyJet finance chief transfers to First GroupJeff Carr is to leave the low-cost carrier less than a month after chairman Sir Colin Chandler said he would step down earlier than expected amid concerns at continuing discord on the group's board

The Herald

Times Online

  • Across Sweden by canal boatIt was a heart-stopping moment. There I was, strolling along a deserted tow path, a dawn breeze rustling the leaves on the trees lining the canal, when suddenly I noticed our cruise boat come up behind, pass me, pick up speed and disappear into the distance.
  • UK's largest dealership Pendragon blasts scrappage schemeThe Government™s flagship scheme to boost the car market was dealt a blow yesterday when Britain™s biggest dealership dismissed the scrappage incentive plan as likely to have œvery little if any effect.

Daily Express

  • Invensys surges on rail gainsHOPES that its railway control and communication systems business was on track to deliver strong results shunted engineering group Invensys higher yesterday.

Mail Online

London Evening Standard

Newcastle Evening Chronicle

The News (Portsmouth)

The Press and Journal (Aberdeen)

Blackpool Gazette

Sunderland Echo

New Scientist

Washington Post

  • Chrysler: From Hero to Zero NEW YORK, May 1 -- Chrysler early last year was so flush with cash and optimism that the firm's owners decided to repay a $3 billion loan to its lenders, believing that a turnaround for the company was just about to begin.

Chartered Institute of Logistics and Transport

  • Hapag-Lloyd increases Far East ratesHapag-Lloyd has revealed that it is raising its rates for services from the Far East to northern Europe and the western Mediterranean.From June 15th 2009, the shipping line will increase rates by $500 (£336) per twenty-foot equivalent unit (TEU) from the Far East and by $150 per TEU in the opposite direction.The company is also imposing a peak season surcharge of $150 per TEU between August 1st and October 31st this year.One of the largest shipping lines in the world, Hapag-Lloyd owns around 130 ships and employs more than 7,500 people in 130 countries around the globe, transporting 5...

Railnews

  • News: Call for end to rail replacement bus services AS passengers face further disruption over the May Day bank holiday weekend, consumer watchdog Passenger Focus has called for train companies to use rail replacement services as a last resort — and to relax rules governing alternative routes.

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