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Transport for London faces £80m cuts

London's transport system is facing cuts of £80m over the next two years, in addition to the reduced funding signalled in this week's Budget.

Consortium oultine £1.5bn Metro transport network for South-East Wales

THE private sector-led consortium behind plans for a Cardiff and Valleys Metro has called for a new arms-length delivery authority to make the project a reality.

Friday, 22 March 2013

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  • Bus station plan moves onPLANS have been approved to buy a final piece of land for Worksop’s new £3.2 million bus station.

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Global Rail News

  • What do they do? ATOCThe Association of Train Operating Companies (ATOC) is 20 years old this year. Writes Marc Johnson ATOC has been a common link for train operators since the early days of privatisation, but with more and more organisations finding their voice in the industry, will ATOC continue to frame the debate? It’s not an easy line [...]
  • Deutsche Bahn in talks to buy Veolia Transdev Central EuropeDeutsche Bahn (DB) is in talks to acquire Veolia Transdev Central Europe regional transport services. The acquisition is still subject to approval by DB’s supervisory board and the relevant merger control authorities. DB has said that details of the acquisition will be published if negotiations are concluded successfully. Veolia Transdev Central Europe operates regional bus [...]
  • Vossloh buoyed by fastening systems growthRail technology specialists Vossloh has reported an increase in sales in 2012, with the group’s fastening systems division experiencing growth of 10.9 per cent. Total revenue rose to 1.2 billion euros last year and at December 31, 2012 the group’s order book stood at a record 1.6 billion euros. Vossloh is now predicting sales to [...]
  • Work to start on Toronto airport stationConstruction of a new station at Toronto’s Pearson International Airport is set to begin. The Union Pearson Express station will complete a new 3 km railway line between the airport’s Terminal 1 and the existing Kitchener GO Train corridor to Union Station. The station, which will be part of the Metrolinx-owned Union Pearson Express link, [...]
  • Derailed: The complicity dividendHistory has made heroes of the men who powered Britain’s economic and social revolution through the 18th and 19th centuries. Names that still inspire: Arkwright, Darby, Stephenson, Watt, Telford. More transitory and villainous was the notoriety bestowed on a few Government fall guys, hand-picked to turn the clocks back by decimating industries, only for anonymity [...]

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