Rail News
Deutsche Bahn eyes Arriva takeover
Shares in travel operator Arriva raced this morning, following a takeover approach from rival European firm Deutsche Bahn. Arriva saw its value rocket by as much as 14 per cent on the FTSE 250 this morning, following modest gains yesterday as the company confirmed it had received an “unsolicited approach from a third party”.
Sharp slump in profits at Eurotunnel following fire
Profits at Eurotunnel – the venture which controls the Channel Tunnel – slumped dramatically in 2009, amid the continued “poor economic environment”. The continuing impact of a fire in September 2008 and snow in December 2009 also hit figures.
Latest Rail News
Easter rail upgrade for Southampton main line
A major programme of improvement work is due to take place on the railway between Southampton and Farnborough over the Easter weekend (Friday 2 to Monday 5 April) resulting in changes to the South West Trains timetable.
Network Rail on board for High Speed Rail
Network Rail today (Thursday 11 March) reiterated its support for high-speed rail as the government published its command paper.
Indian railways carry 803.50 million tonnes of freight during April 2009-February 2010
Indian Railways have carried 803.50 million tonnes of revenue earning freight traffic during April 2009-February 2010.
West Coast mainline capacity will be exhausted long before High Speed 2 is built says Virgin Trains
The House of Commons Transport Committee report ‘Priorities for investment in the railways’ today draws attention to the need to maintain investment in ‘classic lines’ while High Speed 2 is being built.
Network Rail responds to the ORR and Trade Unions
“Today Network Rail welcomes the support of the Office of Rail Regulation for our maintenance re-organisation. An efficient railway is a safe railway. As the ORR clearly says, the principles of our changes are sound and appropriate.”
Canadian Pacific to address 2010 J.P. Morgan Aviation, Transportation & Defense Conference
Kathryn McQuade, Executive VP and CFO, Canadian Pacific (TSX/NYSE: CP) will address the 2010 J.P. Morgan Aviation, Transportation & Defense Conference on Wednesday, March 10, 2010 at 08:00 a.m. Eastern time.
Eurostar services between the UK and Brussels to resume on Monday 1 March
Five return services will operate between the UK and Brussels on both Saturday 27 February and Sunday 28 February
Greater reliance on private sector could generate hundreds of millions to improve Britain’s stations
Hundreds of millions of pounds could be freed up to invest in a major programme of station refurbishment and rebuilding if train companies were given longer and more flexible franchises, the Association of Train Operating Companies (ATOC) will say today.
Gammon awarded £195 million highway widening contract in Hong Kong
Balfour Beatty, the international infrastructure Group, announces today that Gammon Construction Limited, the market-leading infrastructure contractor in Hong Kong, in which Balfour Beatty has a 50% shareholding, has been awarded a HK$2.4 billion (£195 million) contract for the widening of the Tolo and Fanling Highways in Hong Kong for the…
Eurostar services between the UK and Brussels remain disrupted due to the commuter train accident
Eurostar services between the UK and Brussels remain disrupted due to the continued presence of the investigation team on the site of the serious commuter train accident which occurred on Monday 15 February outside Brussels.
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Deutsche Bahn eyes Arriva takeover
Posted on: 17 Mar 2010
Shares in travel operator Arriva raced this morning, following a takeover approach from rival European…
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Easter rail upgrade for Southampton main line
Posted on: 15 Mar 2010
A major programme of improvement work is due to take place on the railway between…
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Network Rail on board for High Speed Rail
Posted on: 11 Mar 2010
Network Rail today (Thursday 11 March) reiterated its support for high-speed rail as the government…
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