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Cosmens pump up pressure on Nat Express
The Cosmen family, the bus and rail group’s largest shareholder, has increased its holding for the third time in a week ahead of a crucial vote on Friday
Bombardier chosen by SNCF
The Canadian train and aircraft maker confirmed that the French rail group had picked it as the preferred bidder for a contract to supply suburban and regional train sets
Rail fares set to rise by average of 1.1%
The Association of Train Operating Companies says the increases slated for January are the lowest since the industry’s privatisation, but passengers on some routes see above-average rises
Rail chief urges caution on competition
The chairman of Spain’s state-owned train operator said it should retain its monopoly over aspects of rail operation
New East Coast rail operator in service pledge
The chairman of the company that will run the franchise insists that it will run like a normal commercial operation and pay a ‘substantial’ sum to government to operate the service
East coast rail takes the public route
In a week in which hundreds of trains have been cancelled on FirstGroup’s FirstCapital Connect service, the notion that all rail services may be better off in the public sector may have crossed weary commuters’ minds.
National Express faces Eurostar bill
The indebted transport group, which is set to give up its lossmaking East Coast rail franchise, could be obliged to pay up to £32m to cover losses by the cross-Channel rail service
National Express faces uphill battle
The bus and rail operator launches a £360m rights issue to help cover interest payments on its debts of more than £1bn, but the Cosmen family, its largest shareholder, fails to back the move
Some trips to take longer on high-speed line
Heavier tilting trains disadvantaged on planned 450kph route even though freight trains will be banned
Date set for East Coast rail handover
The government will take over control of National Express’s lossmaking East Coast franchise a week on Friday, the company announced, ending uncertainty over the route’s future






