Rail News:

Keltbray buys Gamble Rail (contractjournal.com)
Keltbray has acquired ailing firm Gamble Rail from MCR Corporate Restructuring for an undisclosed sum.


(AFX UK Focus) 2009-07-03 13:25 Czech long-haul passenger rail opening to competition (Interactive Investor)
PRAGUE, July 3 (Reuters) - The Czech Transport Ministry unveiled plans on Friday to open up three-quarters of the country's long-haul passenger rail capacity to competition over the next decade. A shift to open tenders for capacity would come gradually, the ministry said in a statement, though winning bidders would get 10 to 15-year operating contracts. The move would cut back dependence on the ...


Italy rail inferno: death toll reaches 18 (AFP )
The death toll from this week's rail disaster in northern Italy climbed to 18 after a victim who suffered serious burn injuries died in hospital, officials said.


(AFX UK Focus) 2009-07-03 09:16 India keeps rail freight, passenger fares unchanged (Interactive Investor)
NEW DELHI, July 3 (Reuters Life!) - India will keep its rail freight and passenger rates unchanged for the current financial year that began in April, railways minister Mamata Banerjee said on Friday. "I am also aware the economic recession has caused much economic burden on the poor section of the society also," she said, presenting its budget for 2009/10. "That's why I do not propose any ...


Rail companies ‘must honour’ agreements (Financial Times)
Lord Adonis, with his slight frame and cerebral manner, may not conform to the traditional image of an enforcer. Yet the transport secretary is determined to prove he will not show any quarter to rail companies that try to wriggle out of franchise agreements.


PM continues rail tour (The Herald)
Prime Minister Gordon Brown yesterday got a first-hand view of the major rail line that the government will soon be taking over. Continuing his tour of Britain, Mr Brown travelled on the East Coast Main Line, which is to temporarily come under state ownership.


Rail franchises shake-up after National Express escapes East Coast contract (Times Online)
National Express faces a battle to keep its rail businesses as the Government weighs up whether to strip the company of its two remaining franchises.


Great Western on the right track, rail survey shows (This is Oxfordshire)
TRAIN passengers in Oxfordshire have something to smile about, acc-ording to a report from a rail watchdog.


£30bn shortfall threatens rail and road plans (Guardian Unlimited)
The full scale of the funding crisis facing Britain's transport system was exposed today as the country's most expensive rail contract was nationalised, while details emerged of a potential £30bn spending gap.


More rail lines could be nationalised after East Coast line taken over (Daily Telegraph)
Many more rail lines could be nationalised as the recession continues leading transport experts warned after the East Coast franchise was taken over by the Government.








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