All articles by Rail Business UK – Page 83
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Rail Business UKCOP26 to be rail decarbonisation showcase
UK: Plans are being drawn up for Glasgow to be a showcase for zero-emission at point of use rail technology including hydrogen and battery power when the UK hosts the UN Climate Change Conference of the Parties from November 1 to 12. ‘A number of companies ...
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Rail Business UKPenalty Fare changes under consideration
UK: The Department for Transport has begin consultation on changes to penalty fares in England and Wales, saying they are currently set too low to act as a deterrent to fare dodging. Under the Penalty Fares regulations, passengers who have had the opportunity to buy a ...
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Rail Business UKPorterbrook announces restructuring
UK: Rolling stock leasing and management company Porterbrook has announced a restructuring. With effect from April 1, Head of Structured Finance Stefan Rose will take up the new position of Chief Investment Officer, leading a dedicated team focusing on new and re-leasing passenger, freight and infrastructure ...
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Rail Business UKUK railway news round-up
This week’s round-up of business news from the UK railway industry
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Rail Business UKUnion Connectivity Review interim report proposes TEN-T style network for the UK
UK: The government has published an interim report from the Union Connectivity Review into improved transport links across all parts of the UK, which is being undertaken by Network Rail Chairman Sir Peter Hendy. The report suggests that a UK Strategic Transport Network modelled on the ...
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Rail Business UKWH Davis awarded MegaBox wagon contract
UK: Beacon Rail Leasing has awarded WH Davis a contract to rebuild 46 HHA coal hopper wagons into MegaBox box wagons. Beacon Rail CEO Adam Cunliffe said the contract is ‘a significant development and represents the close co-operation and agility of both companies’. The MegaBox design ...
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Rail Business UKGovernment agrees ERMA extensions with three operators
UK: The Department for Transport has exercised its option to extend the Emergency Recovery Measures Agreements with c2c, South Western Railway and TransPennine Express, as discussions continue over the ending of franchise agreements and a move to directly-awarded National Rail Contracts. FirstGroup, which operates the South ...
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Rail Business UKTrain used as Covid-19 testing centre
UK: Govia Thameslink Railway has set up three Covid-19 rapid testing centres for its staff, including one on a Class 313 electric multiple-unit which has been fitted with curtains and screens and positioned at Brighton station. GTR is offering twice-weekly rapid lateral ...
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Rail Business UKScotRail’s Inter7City HST fleet delivered
UK: ScotRail has taken delivery of the last of the Inter7City HST sets being refurbished by Wabtec in Doncaster to operate services linking Scotland’s major cities. The Inter7City fleet is intended to comprise nine four-car and 17 five-car sets, but all are currently operating as four-car ...
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Rail Business UKNetwork Rail to reduce third-party works fees
UK: Network Rail is to reduce the risk fees applied to third-party work from April 1, in a move which the Railway Industry Association said would open up the opportunity for more organisations to work near railway lines. In an effort to encourage outside investment, Network Rail ...
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Rail Business UKBrake van requirements removed from railway operating rules
UK: Updates to rail freight operating instructions have seen the final removal of the requirement to provide brake vans in some circumstances.
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Rail Business UKScotRail looks to extended Emergency Measures Agreement
UK: With its existing Emergency Measures Agreement due to expire at the end of March, ScotRail has confirmed that is currently in discussions with the Scottish Government about a third agreement. Support of around £108m has been provided under the current agreement which runs from January ...
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Rail Business UKWisbech railway reopening to be planned alongside Ely enhancements
UK: The Mayor of Cambridgeshire & Peterborough, James Palmer, has announced ‘a powerful new partnership’ with Network Rail to develop proposals for the reopening of the Wisbech – March line in parallel with the project to increase capacity in the Ely area. A Wisbech – Cambridge ...
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Rail Business UKGovernment backs Global Centre for Rail Excellence in Wales
UK: The UK government is to provide up to £30m of match funding for the project to develop a rolling stock and infrastructure testing complex in South Wales, Chancellor of the Exchequer Rishi Sunak announced in the budget on March 3. Subject to a suitable business ...
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Rail Business UKSettle & Carlisle ‘Staycation Express’ to run again in 2021
UK: Rail Charter Services has confirmed that it intends to repeat the regular excursion trains it operated last summer over the Settle & Carlisle route through North Yorkshire and Cumbria.
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Rail Business UKUK railway news round-up
This week’s round-up of business news from the UK railway industry
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Rail Business UKRail sector responds to 2021 budget
UK: Organisations from across the rail industry have responded to the budget presented by Chancellor the Exchequer Rishi Sunak on March 3, with funding for investment welcomed but criticism of missed opportunities for the sector. Key announcements included £30m for the Global Centre of Rail Excellence ...
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Rail Business UKSuccess of current rail projects will influence future investment choices, says Rail Minister
UK: The Swift, Pragmatic & Efficient Enhancement Delivery project to identify ways of reducing infrastructure investment costs and speeding up delivery ‘is a call to arms to cut unnecessary red tape, be bold and purposeful, and empower the railway to be radical in its thinking’, Rail ...
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Rail Business UKRedundancy-hit Hull Trains to resume operations in April
UK: Vowing to ‘build the business back up’ having made around a quarter of its staff redundant, Hull Trains Managing Director Louise Cheeseman announced on March 1 that the open access operator would restart services between London and East Yorkshire from April 12.
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Rail Business UKNorthern to use Payit for faster refunds
UK: In what the operator says is a first for the rail industry, Northern is to use the NatWest’s Payit payment system to issue refunds almost instantly to customers’ bank accounts. NatWest launched Payit in 2020 to enable instant refunds and customer service payments, as well ...