Archive for category: Business

Network Rail to sell plant subsidiary

Network Rail Infrastructure Limited has announced it intends to sell its subsidiary, Network Rail (NDS-Plant) Limited, only four months after setting it up. The NDS-Plant division was set up in November after Network Rail ‘rescued’ equipmen...
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Record run for St Pancras

Proving that high speed railways are good for business, HS1 Ltd, owner of St Pancras International, is reporting all time high retail sales and footfall in the three weeks before Christmas 2011. Sales rose 20 per cent in the run up to Christmas compar...
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Bombardier recruiting!

We’ve all seen the headlines about Bombardier’s factory in Derby. They all reported on the recent loss of the Thameslink contract, job losses, and even threats to the plant’s long-term future. These headlines were large, and loud, and usually had...
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SNCF orders trains from Alstom for €25 million

Alstom has received an order from SNCF (on behalf of the Pays de la Loire Region) for five regional trains from the Coradia Polyvalent range for around €25 million. The Pays de Loire Region currently operates 54 Alstom regional trains and has already...
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SNCF orders trains from Alstom for €25 million

Alstom has received an order from SNCF (on behalf of the Pays de la Loire Region) for five regional trains from the Coradia Polyvalent range for around €25 million. The Pays de Loire Region currently operates 54 Alstom regional trains and has already...
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DB Schenker Rail wins two major Rail Business Awards

DB Schenker Rail UK won two major categories at the Rail Business Awards held in London on the evening of Thursday 16 February 2012. The work to open High Speed 1, the UK’s only European sized rail route, for rail freight, combined with the successfu...
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QR National reports 32% fall in profit

QR National has reported a 32 per cent fall in net profit. Net profit fell to $189 million from the six months to December, which has been attributed to the fact that QR National didn’t receive a large tax credit unlike the year before from its p...
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QR National reports 32% fall in profit

QR National has reported a 32 per cent fall in net profit. Net profit fell to $189 million from the six months to December, which has been attributed to the fact that QR National didn’t receive a large tax credit unlike the year before from its p...
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$2.2bn recommended for rail projects

$2.2 billion has been recommended by U.S. Transportation Secretary Ray LaHood to begin or advance construction of 29 ‘significant’ rail projects in 15 states. President Obama’s proposed budget recommends investing $243.7 million for seven...
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$2.2bn recommended for rail projects

$2.2 billion has been recommended by U.S. Transportation Secretary Ray LaHood to begin or advance construction of 29 ‘significant’ rail projects in 15 states. President Obama’s proposed budget recommends investing $243.7 million for seven...
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Southern takes top prize at major awards

Southern won the overall Rail Business of the Year award at the prestigious Rail Business Awards, held in London on Thursday night. It also won the Environmental Innovation and Safety & Security Excellence awards. On accepting the Rail Business of ...
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