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Britain
January 9, 2020
|
Financial
Arriva Rail North franchise agreement set to be terminated
ARRIVA is set to be stripped of its current contract to operate Britain’s Northern franchise under plans announced to parliament by secretary of state for transport, Mr Grant Shapps, on January 9.
January 9, 2020
|
Infrastructure
Loram wins Network Rail measuring train maintenance contract
BRITAIN’s infrastructure manager Network Rail (NR) has awarded an £8m five-year contract to Loram UK to maintain its New Measurement Train following a competitive tender.
January 8, 2020
|
Fleet
Alstom wins £642m British train refurbishment and maintenance contract
BRITAIN’s new operator of the West Coast Main Line, Avanti West Coast, has awarded Alstom a seven-year contract worth around £642m to refurbish and maintain the 56 electric Pendolino tilting trains which Alstom originally supplied in 2003.
January 8, 2020
|
Infrastructure
Network Rail announces £640m contract awards to deliver design services
BRITISH infrastructure manager Network Rail (NR) has announced the award of 82 framework contracts to deliver design services across the country. The contracts are worth an estimated £400m for Control Period 6 (2019-2024) and up to £640m if options extending into Control Period 7 (2024-2029) are exercised.
January 7, 2020
|
Financial
South Western Railway on the brink after reporting £137m loss
BRITISH franchisee South Western Railway (SWR), a joint venture of First Group (70%) and MTR (30%), is on the brink of collapse after it reported a loss of £137m in its financial results up to March 31 2019.
January 7, 2020
|
Financial
ORR reduces increase in British high-speed access charges
BRITAIN’s Office of Rail and Road (ORR) has cut the proposed increase in track access charges requested by HS1 by 32% or £12.3m per year.
December 31, 2019
|
Freight
Sale of Genesee & Wyoming to Brookfield and GIC completed
THE sale of international freight railway operator Genesee & Wyoming (G&W) to affiliates of Brookfield Infrastructure and GIC was completed on December 30.
December 20, 2019
|
Infrastructure
Manchester Metrolink LRT extension to open early
THE Mayor of Greater Manchester, Mr Andy Burnham, announced during a test ride that the £350m Trafford Park Line will open in April 2020, seven months early.
December 20, 2019
|
Infrastructure
Network Rail and Strukton Rail sign MoU
BRITISH infrastructure manager Network Rail (NR) and Strukton Rail, Netherlands, have signed a memorandum of understanding (MoU) to support the delivery of NR’s £245m research and development (R&D) portfolio up to 2024.
December 9, 2019
|
Main line
Avanti West Coast launched in London
THE West Coast Partnership (WCP) of First Group and Trenitalia officially launched operation of Avanti services on Britain’s West Coast Main Line at an event held at London Euston station on December 9.
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