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MPs call for recount on train punctuality figures

Three MPs are calling for rail operator Southeastern to re-examine its punctuality figures for the past 12 months.

Electric car 'not yet affordable'

Most global car executives do not see a reasonably priced electric vehicles being available in the next five years, a survey suggests.

China eyes creation of global rail leader

Proposal to merge two dominant state-owned railway equipment producers to lead a high-speed rail export drive

Invensys Rail delays payments to suppliers

Suppliers to Invensys Rail face rising costs after the group told key UK contractors they would wait up to twice as long to be paid. The decision has been heavily criticised by suppliers who now face further financial pressure after a fallow period of new works from Network Rail, which owns and operates the rail infrastructure.

Thousands of airline passengers' bags mislaid during snow

Luggage belonging to thousands of airline passengers was mislaid during the heavy snow before Christmas, it has emerged.

Thursday, 06 January 2011

BBC News

Financial Times

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The Telegraph

  • Invensys Rail delays payments to suppliers Suppliers to Invensys Rail face rising costs after the group told key UK contractors they would wait up to twice as long to be paid. The decision has been heavily criticised by suppliers who now face further financial pressure after a fallow period of new works from Network Rail, which owns and operates the rail infrastructure.

Network Rail

Edinburgh Evening News

Journal Live

  • Rail ticket prices soar higher than inflation NORTH East rail users have been hit by above-inflation price hikes. Travellers on the regions rail networks have seen the cost of travelling shoot up by around 5.8% on some of the most popular routes as a result of New Year price rises.

London Evening Standard

The Press and Journal (Aberdeen)

Other Regional Press

  • New generation of Wirral apprentices on track DISUSED railway lines will be used to train a new generation of apprentices in Wirral. A £115,000 apprenticeship scheme is creating 100 places over the next year for teenagers and unemployed 16 to 24-year-olds to learn railway engineering skills at a training site in Birkenhead.
  • Didcot rail centre takes charge of 100 miles of track CONTROL of trains running through Reading was successfully transferred to Network Rail™s Thames Valley Signalling Centre, alongside Didcot Parkway station, over the Christmas break.
  • Rail travel and station car parks price hikeRAIL commuters face a 5.5 per cent rise in the cost of commuting to London from Bedfordshire in 2011 - but train bosses say the increase is still below the national average.

Other News Sources

  • NR turns on the charm in 2011 [Blog]With ATOC floundering over fare rises Network Rail appears to be inveigling itself into the Tory party's good books.The new, improved, cuddly, Coucher-lite Network Rail has begun a discreet charm offensive designed to win industry, stakeholder and political support for reform to the company's corporate governance and accountability as mandated by Petrol-head.
  • Updates from Bombardier, KBR, Sam Schwartz Engineering, The Whitmore Group and Invensys RailBombardier Transportation received approximately $485 million in firm orders at December's end for rolling stock from an undisclosed customer, the company announced Tuesday in a prepared statement.

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