Issue 14 8 July 2005 Contents
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Transport Committee Inquiry Into Passenger Rail Franchising June 2006
House of Commons Transport Select Committee Inquiry into Passenger Rail Franchising Submission from pteg pteg welcomes the opportunity to submit evidence to the House of Commons Select Committee Inquiry into Passenger Rail Franchising. This evidence is presented on behalf of the English Passenger Transport Executives: Nexus, Merseytravel, Greater Manchester PTE, Metro, South Yorkshire PTE & Centro. What should be the purpose of passenger rail franchising? Passenger rail franchising should be the mechanism by which the public sector can specify the standard and quality of passenger rail services it can afford. The process as a whole should secure for the public sector the best value for money rail service that meets both national and local objectives. The process should drive up quality in particular through:- Improved train service performance Improved quality of train services (in terms of both capacity and quality of passenger environment) Improved safety at stations and on trains Improved integration with other rail services and other modes Improved facilities on trains and at stations (including in the longer-term all facilities brought up but to be fully accessible) It provides an opportunity to import best practice and innovation particularly through allowing private sector operators to make reasonable returns, act commercially and be innovative in delivery mechanisms. The overall aim of passenger rail franchising should be to deliver consistent and improving standards across the network. Is the current system achieving that purpose? To a considerable extent but with caveats relating to specification and funding constraints. The franchising process has evolved significantly since the first franchises were developed by OPRAF. They, the SRA, and now the DfT, have had to balance the extent to which services are tightly specified with allowing Train Operating Companies sufficient incentives to exercise innovation. -
2005 Great Britain National Rail Passenger Operators
Thurso Wick 2005 Great Britain National Rail Dingwall Passenger Operators Inverness Kyle of Lochalsh Second edition Aberdeen Arriva Trains Wales (Arriva P.L.C.) Mallaig Heathrow Express (BAA) Eurostar (Eurostar (U.K.) Ltd.) First Great Western (First Group P.L.C.) Fort William First Great Western Link (First Group P.L.C.) ScotRail (First Group P.L.C.) TransPennine Express (First Group P.L.C./Keolis) Hull Trains (G.B. Railways Group/Renaissance Railways) Dundee Oban Crianlarich Great North Eastern (G.N.E.R. Holdings/Sea Containers P.L.C.) Perth Southern (GOVIA) Thameslink (GOVIA) Chiltern Railways (M40 Trains) Cardenden Stirling Kirkcaldy North Berwick ‘One’ (National Express P.L.C.) Balloch Gourock Milngavie Central Trains (National Express P.L.C.) Cumbernauld Gatwick Express (National Express P.L.C.) Bathgate Wemyss Bay Glasgow Drumgelloch Edinburgh Midland Mainline (National Express P.L.C.) Largs Berwick upon Tweed Silverlink Trains (National Express P.L.C.) Neilston East Kilbride Carstairs Ardrossan c2c (National Express P.L.C.) Harbour Lanark Wessex Trains (National Express P.L.C.) Chathill Wagn Railway (National Express P.L.C.) Merseyrail (Ned-Serco) Northern Rail (Ned-Serco) South Eastern Trains (SRA) Island Line (Stagecoach Holdings P.L.C.) South West Trains (Stagecoach Holdings P.L.C.) Virgin CrossCountry (Virgin Rail Group) Newcastle Virgin West Coast (Virgin Rail Group) Stranraer Carlisle Sunderland Hartlepool Bishop Auckland Workington Saltburn Darlington Middlesbrough Whitby Windermere Battersby Scarborough Barrow-in-Furness -
Issue 15 15 July 2005 Contents
RailwayThe Herald 15 July 2005 No.15 TheThe complimentarycomplimentary UKUK railway railway journaljournal forfor thethe railwayrailway enthusiastenthusiast In This Issue Silverlink launch Class 350 ‘Desiro’ New Track Machine for Network Rail Hull Trains names second ‘Pioneer’ plus Notable Workings and more! RailwayThe Herald Issue 15 15 July 2005 Contents Editor’s comment Newsdesk 3 Welcome to this weeks issue of All the latest news from around the UK network. Including launch of Class 350 Railway Herald. Despite the fact ‘Desiro’ EMUs on Silverlink, Hull Trains names second Class 222 unit and that the physical number of Ribblehead Viaduct memorial is refurbished. locomotives on the National Network continues to reduce, the variety of movements and operations Rolling Stock News 6 that occur each week is quite A brand new section of Railway Herald, dedicated to news and information on the astounding, as our Notable Workings UK Rolling Stock scene. Included this issue are details of Network Rail’s new column shows. Dynamic Track Stablizer, which is now being commissioned. The new look Herald continues to receive praise from readers across the globe - thank you! Please do feel free to pass the journal on to any friends or Notable Workings 7 colleagues who you think would be Areview of some of the more notable, newsworthy and rare workings from the past week interested. All of our back-issues are across the UK rail network. available from the website. We always enjoy hearing from readers on their opinions about the Charter Workings 11 journal as well as the magazine. The Part of our popular ‘Notable Workings’ section now has its own column! Charter aim with Railway Herald still Workings will be a regular part of Railway Herald, providing details of the charters remains to publish the journal which have worked during the period covered by this issue and the motive power. -
Competitive Tendering of Rail Services EUROPEAN CONFERENCE of MINISTERS of TRANSPORT (ECMT)
Competitive EUROPEAN CONFERENCE OF MINISTERS OF TRANSPORT Tendering of Rail Competitive tendering Services provides a way to introduce Competitive competition to railways whilst preserving an integrated network of services. It has been used for freight Tendering railways in some countries but is particularly attractive for passenger networks when subsidised services make competition of Rail between trains serving the same routes difficult or impossible to organise. Services Governments promote competition in railways to Competitive Tendering reduce costs, not least to the tax payer, and to improve levels of service to customers. Concessions are also designed to bring much needed private capital into the rail industry. The success of competitive tendering in achieving these outcomes depends critically on the way risks are assigned between the government and private train operators. It also depends on the transparency and durability of the regulatory framework established to protect both the public interest and the interests of concession holders, and on the incentives created by franchise agreements. This report examines experience to date from around the world in competitively tendering rail services. It seeks to draw lessons for effective design of concessions and regulation from both of the successful and less successful cases examined. The work RailServices is based on detailed examinations by leading experts of the experience of passenger rail concessions in the United Kingdom, Australia, Germany, Sweden and the Netherlands. It also -
Class 150/2 Diesel Multiple Unit
Class 150/2 Diesel Multiple Unit Contents How to install ................................................................................................................................................................................. 2 Technical information ................................................................................................................................................................. 3 Liveries .............................................................................................................................................................................................. 4 Cab guide ...................................................................................................................................................................................... 15 Keyboard controls ...................................................................................................................................................................... 16 Features .......................................................................................................................................................................................... 17 Global System for Mobile Communication-Railway (GSM-R) ............................................................................. 18 Registering .......................................................................................................................................................................... 18 Deregistering - Method 1 ............................................................................................................................................ -
Route Utilisation Strategy November 2008 Foreword
Wales Route Utilisation Strategy November 2008 2 Foreword I am delighted to present Network Rail’s Route Principally this is in south Wales, where capacity Utilisation Strategy (RUS) for Wales. This use is at its highest. This is a result of a growth covers the entire rail network in Wales, as well in the number of trains serving Cardiff and the as some parts of the network in the English building of a number of new stations. On this border counties. part of the network, in the most populous part of the country, the RUS builds on the successful This network is extensive and diverse. past introduction of more services and the There are main line links from Wales into selective growth of the network. England, a long-distance line along the border connecting north and south Wales, a busy A major programme to renew signalling urban passenger network serving Cardiff, and equipment in the Newport and Cardiff areas branches traversing sparsely populated rural will take place in the next five to seven years, areas. Some parts of the network are subject and much of the work described in this to fluctuating demand according to the time of strategy to enhance the network is planned year, most notably on the Cambrian Coast and in conjunction with this signalling work to in the Conwy Valley. increase cost-effectiveness. The High Level Output Specification (HLOS), published in The context in which this RUS has been July 2007, contained a specific requirement to produced, as has often been the case with increase seating capacity into Cardiff during other RUSs, is one of growing demand for the morning peak. -
2005 Great Britain National Rail Passenger Operators Dingwall
Thurso Wick 2005 Great Britain National Rail Passenger Operators Dingwall Inverness Kyle of Lochalsh Third edition (December 2005) Aberdeen Arriva Trains Wales (Arriva P.L.C.) Mallaig Heathrow Express (BAA) Eurostar (Eurostar (U.K.) Ltd.) First Great Western (First Group P.L.C.) Fort William First Great Western Link (First Group P.L.C.) First ScotRail (First Group P.L.C.) TransPennine Express (First Group P.L.C./Keolis) Hull Trains (G.B. Railways Group/Renaissance Railways) Dundee Oban Crianlarich Great North Eastern (G.N.E.R. Holdings/Sea Containers P.L.C.) Perth Southern (GOVIA) Thameslink (GOVIA) Chiltern Railways (M40 Trains) Cardenden Stirling Kirkcaldy ‘One’ (National Express P.L.C.) North Berwick Balloch Central Trains (National Express P.L.C.) Gourock Milngavie Cumbernauld Gatwick Express (National Express P.L.C.) Bathgate Wemyss Bay Glasgow Drumgelloch Edinburgh Midland Mainline (National Express P.L.C.) Largs Berwick upon Tweed Silverlink Trains (National Express P.L.C.) Neilston East Kilbride Carstairs Ardrossan c2c (National Express P.L.C.) Harbour Lanark Wessex Trains (National Express P.L.C.) Chathill Wagn Railway (National Express P.L.C.) Merseyrail (Ned-Serco) Northern (Ned-Serco) South Eastern Trains (SRA) Island Line (Stagecoach Holdings P.L.C.) South West Trains (Stagecoach Holdings P.L.C.) Virgin CrossCountry (Virgin Rail Group) Virgin West Coast (Virgin Rail Group) Newcastle Stranraer Carlisle Sunderland Hartlepool Bishop Auckland Workington Saltburn Darlington Middlesbrough Whitby Windermere Battersby Scarborough -
Crossrail Environmental Statement 8A
Crossrail Environmental Statement Volume 8a Appendices Transport assessment: methodology and principal findings 8a If you would like information about Crossrail in your language, please contact Crossrail supplying your name and postal address and please state the language or format that you require. To request information about Crossrail contact details: in large print, Braille or audio cassette, Crossrail FREEPOST NAT6945 please contact Crossrail. London SW1H0BR Email: [email protected] Helpdesk: 0845 602 3813 (24-hours, 7-days a week) Crossrail Environmental Statement Volume 8A – Appendices Transport Assessment: Methodology and Principal Findings February 2005 This volume of the Transport Assessment Report is produced by Mott MacDonald – responsible for assessment of temporary impacts for the Central and Eastern route sections and for editing and co-ordination; Halcrow – responsible for assessment of permanent impacts route-wide; Scott Wilson – responsible for assessment of temporary impacts for the Western route section; and Faber Maunsell – responsible for assessment of temporary and permanent impacts in the Tottenham Court Road East station area, … working with the Crossrail Planning Team. Mott MacDonald St Anne House, 20–26 Wellesley Road, Croydon, Surrey CR9 2UL, United Kingdom www.mottmac.com Halcrow Group Limited Vineyard House, 44 Brook Green, Hammersmith, London W6 7BY, United Kingdom www.halcrow.com Scott Wilson 8 Greencoat Place, London SW1P 1PL, United Kingdom This document has been prepared for the titled project or named part thereof and should not be relied upon or used for any other project without an independent check being carried out as to its suitability and prior written authority of Mott MacDonald, Halcrow, Scott www.scottwilson.com Wilson and Faber Maunsell being obtained. -
Trains 27.1 15.0 3.7 1.8 North America - Continuing 22.6 20.6 18.3 17.8 Central Functions (4.7) (4.1) - - 67.3 53.2 6.2 4.6
Interim Results For the six months ended 30 June 2005 28 July 2005 Phil White Chief Executive HALF YEAR HIGHLIGHTS • Strong financial performance • Growth in earnings and dividend • Delivering premier league performance • Innovation driving passenger growth • Disposal of Public Transit to Connex • Record bid season in North America • Shareholder value enhanced Adam Walker Finance Director FINANCIAL HIGHLIGHTS (1) • Strong financial results ¾ Margin improvement ¾ Costs controlled ¾ Cash flow generation ¾ Shareholder value • IFRS restatement presented in June FINANCIAL HIGHLIGHTS (2) • Turnover £1.1bn (2004*: £1.2bn) • Normalised operating profit up 26.5% to £67.3m (2004*: £53.2m) • Normalised profit before tax of £58.1m up 47.5% (2004*: £39.4m) • Normalised diluted EPS of 31.3p up 44.9% (2004*: 21.6p) • Interim dividend of 10.0p up 7% (2004 : 9.35p) • Net debt of £143.3m (2004 : £136.6m) • Operating cash flow of £105.1m (2004 : £150.0m) * Restated under IFRS GROUP INCOME STATEMENT 2005 2004* £m £m Revenue 1,077.7 1,157.9 Normalised operating profit 67.3 53.2 Loss from associates (4.4) (4.3) Interest (4.8) (9.5) Normalised profit before tax 58.1 39.4 Exceptional items (0.3) (5.3) Goodwill & intangible asset amortisation (18.3) (17.2) Profit before tax 39.5 16.9 Taxation (14.7) (7.2) Profit after tax 24.8 9.7 (Loss)/Profit from discontinued operations (57.5) 4.6 (32.7) 14.3 * Restated under IFRS DIVISIONAL OPERATING PROFIT AND MARGIN Operating profit Operating margin 2005 2004* 2005 2004* £m £m % % Coaches 4.1 2.1 4.5 2.4 Buses 18.2 19.6 -
Government Response to the Committee's Fourth Report: Railways in the North of England
House of Commons Transport Committee Government Response to the Committee's Fourth Report: Railways in the North of England Second Special Report of Session 2002–03 Ordered by The House of Commons to be printed 22 October 2003 HC 1212 Published on date 27 October 2003 by authority of the House of Commons London: The Stationery Office Limited £0.00 The Transport Committee The Transport Committee is appointed by the House of Commons to examine the expenditure, administration, and policy of the Department for Transport and its associated public bodies. Current membership Mrs Gwyneth Dunwoody MP (Labour, Crewe) (Chairman) Tom Brake MP (Liberal Democrat, Carshalton and Wallington) Mr Gregory Campbell MP (Democratic Unionist, East Londonderry) Mr Brian H. Donohoe MP (Labour, Cunninghame South) Clive Efford MP (Labour, Eltham) Mrs Louise Elllman MP (Labour/Co-operative, Liverpool Riverside) Mr Ian Lucas MP (Labour, Wrexham) Mr George Osborne MP (Conservative, Tatton) Mr John Randall MP (Conservative, Uxbridge) Mr George Stevenson MP (Labour, Stoke-on-Trent South) Mr Graham Stringer MP (Labour, Manchester Blackley) Powers The committee is one of the departmental select committees, the powers of which are set out in House of Commons Standing Orders, principally in SO No 152. These are available on the Internet via www.parliament.uk. Publications The Reports and evidence of the Committee are published by The Stationery Office by Order of the House. All publications of the Committee (including press notices) are on the Internet at www.parliament.uk/parliamentary_committees/transport_committee.cfm. A list of Reports of the Committee in the present Parliament is at the back of this volume. -
Getting on the Right Track
spotlight LEVERAGED FINANCE GETTING ON THE RIGHT TRACK JOANNA HAWKES OF ANGEL TRAINS EXPLAINS SOME OF THE ISSUES FACING THE ROLLING STOCK LESSOR IN THE FUNDING AND LEASING OF TRAINS TO THE OPERATING COMPANIES. he purpose of this article is to outline the issues facing the rolling stock lessor, both from the perspective of financing the purchase of rolling stock, as well as leasing it to the trains operating companies (Tocs). It focuses mainly on the Tactivities and experiences of Angel Trains (Angel). BACKGROUND. The three rolling stock leasing companies (Roscos) Angel, Porterbrook Leasing and HSBC Rail (formerly Eversholt tandem with extended and renegotiated franchises. As the market Leasing) were originally formed in 1994 out of the privatisation of has developed, lease contracts have become more bespoke and very British Rail. Their business is owning, maintaining and leasing rolling heavily negotiated. stock. At the time of public offer, fears of re-nationalisation under For a number of reasons – partly strategic, partly historic – Angel an incoming Labour government were high. Offers to buy from the Trains finances about 80% of its portfolio in the banking market, finance sector were limited and consequently two of the three were rather than via its parent. Figure 2 illustrates the current simplified the subject of management buy outs. Over subsequent years, industry structure. however, Roscos have migrated towards their natural home for UK leasing companies, and each has become a subsidiary of a big TYPES OF LEASES. There are a number of variations in the types of financial institution: Royal Bank of Scotland (Angel), Abbey National lease structures, but generally capital rentals are fixed. -
2005 Annual Return
Annual Return Reporting on the year 2004/05 31 July 2005 Page 2 Contents Executive summary.....................................................................................................................................................................................................5 Introduction..................................................................................................................................................................................................................16 Network Rail’s regulatory targets....................................................................................................................................................................20 Key performance indicators................................................................................................................................................................................24 Section 1 – Operational performance .........................................................................................................................................................27 Introduction...................................................................................................................................................................................................27 Summarised network-wide data (delays to major operators) ........................................................................................28 National delay data by cause...............................................................................................................................................................30