Breaking News

East Coast arrivals cause rail upset

Transport companies FirstGroup and National Express both fell sharply yesterday on news of increased competition on the East Coast mainline rail route

The anti Heathrow expansion group, 2M, has revealed its alternative rail plan.

Opponents of a third runway for Heathrow Airport say its £1.5bn proposal would reduce the number of flights - there are cureently 60 flights to Paris and 36 to Manchester every day..

Friday, 30 January 2009

BBC News

Financial Times

  • Airlines report 'shocking' plunge in trafficThe airline industry reported an 'unprecedented and shocking' plunge in global air cargo traffic. The International Air Transport Association said traffic volumes had fallen by 22.6%
  • Tube to seek 1,000 redundanciesThe move by London Underground to seek around 1,000 redundancies among its 20,000 staff is part of a plan to make £2.4bn savings over the next 10 years

The Guardian

  • East Coast arrivals cause rail upsetTransport companies FirstGroup and National Express both fell sharply yesterday on news of increased competition on the East Coast mainline rail route
  • Parliament is wrong on HeathrowThe government lost the argument for a third runway, but finagled last night's Commons vote. This is not over by a long, long way

The Herald

  • Group calls for cheaper £1.5bn rail hub at HeathrowA £1.5bn rail scheme, a cut-price alternative to the government's plan for a railway hub at Heathrow airport, could take one million cars off the road and link the airport to the rest of the UK at a fraction of the cost.

The Independent

  • London Underground to cut 1,000 jobs London Underground is to axe 1,000 jobs this year, affecting non-operational areas including finance and administration, the company announced today.
  • Apostrophe catastrophe for city's street signsBirmingham City Council has ruled that apostrophes should not feature on its road and street signs. The decision, which the authority hopes will draw a line under decades of dispute, follows a review to establish whether the possessive punctuation mark should be restored to place names such as Kings Norton and Druids Heath.
  • London Underground 'always a terror target'Terrorists will always target London Underground, the network's boss said yesterday, but the method of using suicide bombers will

The Scotsman

  • Honda plant to shut for four monthsWorkers at the UK factory of Japanese motor giant Honda are due to make the last cars for four months because of an extended shutdown caused by the slump in sales.

Times Online

Daily Express

Daily Record

Network Rail

Transport Briefing

Birmingham Post

  • Flybe named world's best regional airlineFlybe, one of the largest airlines operating from Birmingham International Airport, is being hailed as the pride of the British aviation industry after winning the prestigious 2009 Regional Airline of the Year award.

Edinburgh Evening News

  • Brown boosts rail link plansPRIME Minister Gordon Brown has insisted the Government is moving forward with plans for a high-speed rail link from London to Edinburgh.
  • 'Noddy train' plan for Royal MileIT might just turn out to be the quickest way of getting around the city centre if Edinburgh's traffic woes continue.

Journal Live

  • Heathrow plans ’will not harm Newcastle’NEWCASTLE Airport bosses yesterday remained confident future expansion plans would not be affected by the new runway at Heathrow, despite fears the move could scupper the growth of regional airports.

Liverpool Echo

London Evening Standard

Sheffield Telegraph

  • Law team moving ahead on dealDLA Piper has won a five-year contract to exclusively provide property legal advice for transport giant National Express Group plc and all of its UK subsidiaries.

The Press and Journal (Aberdeen)

The York Press

Yorkshire Evening Post

  • Go-ahead given to extra London trainGRAND Central has been given the provisional go-ahead to run an extra train each day between York and London – but hopes of a door-to-door service from Poppleton to the capital have been scuppered.
  • Yorkshire towns in line for new rail link to LondonPARTS of Yorkshire have been given a huge economic boost with the first direct rail services to London for decades to start this year – and it will cost just £34 for a ticket on the day.

Carlisle News & Star

Sunderland Echo

The Economist

  • Sweden's car industry: For saleSaab and Volvo are on the block. But are there any buyers?THE Swedish car industry is up for sale. Saab and Volvo are on the block because their owners, General Motors (GM) and Ford respectively, can no longer afford to keep them. But there are important differences. GM may have only weeks to divest itself of Saab, whereas Ford is a slightly less desperate seller. GM, which would have gone bust without the emergency federal loans it received at the end of the year, faces a deadline on February 17th. It must show progress towards viability or risk having to pay the taxpayer back at the end of M...
  • Correction: Car industryIn our briefing on the global car industry (“The big chill”, January 17th 2009) we reported that Rolls-Royce sold no vehicles in America in December 2008. Rolls-Royce has since told The Economist it sold “more than 70 cars”, and Autodata, a market-research firm, says Rolls-Royce sold 31 cars that month. ...

Washington Post

  • Airline losses for fourth quarter mount ATLANTA -- Deep capacity cuts, checked bag fees and aggressive fare sales couldn't stop the airline industry's bleeding from the impact of bad bets on fuel hedges and the drop-off in demand due to the weak economy. After more carriers posted losses Thursday, the total fourth-quarter red ink for the top nine U.S. carriers by traffic rose to $4 billion.
  • Ford Lost $14.6 Billion in 2008 Ford insisted that it would persevere without a government bailout yesterday even as it reported a $14.6 billion loss in 2008, the automaker's worst annual performance in its history.
  • Honda's quarterly profit slumps, annual target cut TOKYO -- Honda Motor Co. slashed its annual profit target by over half Friday as quarterly profit tumbled 90 percent, hit by rising costs, a stronger yen and falling sales in key markets.

Chartered Institute of Logistics and Transport

  • Lorry slips out of ferry doorsA lorry has slipped out of the doors on a ferry heading from Scotland to Northern Ireland after breaking free.The Stena Voyager had set off from Stranraer when a loud bang was heard and the lorry was found hanging off the back of the ship, lodged in the doors.Forced to turn return to port, the vessel will have to wait for heavy-lifting equipment to remove the freight vehicle and allow the ship to dock with the link span at Stranraer.A total of 156 passengers and 33 crew were on board the Stena Voyager when it left for Belfast on Wednesday night and a full investigation will be carried out by f...

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