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economy - Articles and news items

An interview with John Cridland, Chair of Transport for the North

Railway Extra, Z Homepage promo / 12 May 2017 /

We speak to John Cridland, Chair of Transport for the North, about what TfN and what is has planned for the future.

New report emphasises the need for change in rail franchising

Rail industry news / 9 May 2017 /

A new report says that while franchising looks successful, in practice the system is vulnerable to an economic slowdown.

Are rail organisations missing out on apprenticeship levy benefits?

Rail industry news / 17 March 2017 /

Neil Robertson, CEO of the National Skills Academy for Rail (NSAR) has warned that rail organisations could be missing out on substantial benefits if they are unprepared for the new apprenticeship levy.

New figures show Network Rail’s contribution to the economy in the North West

Rail industry news / 7 March 2017 /

It has been revealed that Network Rail is supporting over 9,000 jobs in the North West of England in a new set of figures that show the contribution the company has made to the region’s economy.

More than signals and sleepers

Issue 4 2010 / 3 August 2010 /

Rail transport is essential to the UK’s economy. The Eddington Transport Study of 2006 found a clear link between transport capacity and economic performance, and noted that transport was an enabler of economic growth rather than a creator of growth in itself. Crossrail, for example, is expected to generate around £36 billion of benefits to London and south east England1.

Rail network passenger numbers are growing. Passenger numbers in 2008/09 were approximately double those recorded in the early 1980s, and almost 300 million greater than in 1950 when the network was significantly larger2.

Ready for the challenges

Issue 3 2010 / 31 May 2010 /

Steering the global recession to an upswing assumes new ideas and solutions from all economic sectors, and a well-functioning transportation system is one of the most important success factors in this process – we can accelerate growth of the economy only with efficient logistics.

Estonian Railways quickly adapts to changing economic circumstances

Issue 3 2010 / 31 May 2010 /

With its 140-year history, Estonian Railways has been a bright example in illustrating how to adapt to circumstances and successfully cope with them in the rapidly changing economic environment of recent years. 2009 represented an important year for Estonian Railways, when it carried out several significant changes concerning its tariff system, investments, and the optimisation of its activities.

On 14 January 2009, Estonian Railways founded two new affiliates: EVR Infra Ltd. (a rail infrastructure undertaking) and EVR Cargo Ltd. (a rail transport services undertaking). These companies have become a group of undertakings working under control of Estonian Railways Ltd.