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Credit rating 'settled rail deal'

Siemens' superior credit rating helped it beat Derby trainmaker Bombardier to the £1.4bn Thameslink contract, a Transport Select Committee report says.

Friday, 16 December 2011

BBC News

  • Credit rating 'settled rail deal'Siemens' superior credit rating helped it beat Derby trainmaker Bombardier to the £1.4bn Thameslink contract, a Transport Select Committee report says.
  • Google patents self-driving carThe search giant is awarded a US patent for a system that tells driverless cars when to take control of the wheel.
  • Tram depot handed over to councilEdinburgh's new tram depot is handed over to the city council in a move which is being seen as a major milestone.
  • Trolleybus scheme delayedThe Leeds trolleybus scheme is delayed further as the government asks for more information to test its value for money.
  • Durham Tees Valley airport saleDurham Tees Valley Airport has been put up for sale because of a fall in passengers but can it find a buyer or is the decline terminal?
  • West End Olympics parking delayBoris Johnson says that plans to introduce night-time and weekend parking charges in London's West End have been postponed until after the Olympic Games.
  • Bus workers demand Olympics bonusThousands of bus workers in London are seeking a £500 payment for being on duty during next year's Olympic Games.

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  • Siemens UK rail contract to be reviewed-MPsBritain's decision to award a key rail contract to Siemens AG, which led incumbent Bombardier Inc to cut hundreds of jobs at its British plant, will be subject to an official review, a committee of MPs said on Friday.

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  • Award of train contract reviewedA Government spending watchdog should review the process whereby Germany, not Britain, won a lucrative train building order, a report by MPs has said.

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  • Nottingham tram Phase Two contract signed UK: Following the confirmation of government funding for the PFI deal, on December 15 Nottingham City Council and preferred bidder Tramlink Nottingham signed the £570m NET Phase Two contract to build two new tram lines and take over the operation of the existing line which opened in 2004. The contract runs for 23 years, with work on the 7·5 km extension to Clifton and 10 km route to Beeston scheduled to being in January for services to begin in late 2014. The Tramlink Nottingham consortium includes Alstom, VINCI Investments, Keolis and Wellglade, which owns local bus operator Trent Barton, pl...
  • Bombardier awarded large Frankfurt LRV orderGERMANY: Frankfurt transport authority VGF announced contracts for Bombardier Transportation to supply an additional 78 high-floor light rail vehicles and 10 low-floor trams on December 15.Under a €169m contract Bombardier will supply 78 bi-directional 25 m long and 2 650 mm wide Flexity Swift LRVs for use on route U2 to Bad Homburg and U3 to Oberursel. Each will have space for 184 passengers, 48 seated, and they will be capable of operating in pairs. Deliveries will run from January 2014 to June 2017.A €23m contract covers 10 Flexity Classic trams which will be delivered between August ...
  • Rail welding robot on showAUSTRIA: Plasser & Theurer presented its fully-automatic APT 1500 R rail welding robot at the 18th International Convention of the Austrian Society for Traffic & Transport Science in Salzburg. The welding robot performs an automated electric flash-butt welding sequence without manual interaction, ensuring high and reproducible geometric accuracy, fracture forces and fatigue strength. Rails are lifted automatically into the welding head and positioned correctly, with the gap between the rail ends closed by pulling the rails together using a device with a tractive force of up to 1500 kN ...

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