BRITAIN's franchised passenger operators continued to defy the stagnant economic conditions during the third quarter of the 2012-13 financial year according to the latest figures from the Office of Rail Regulation, which reveal record ridership for the period between October 1 and December 31.
ARRIVA, FirstGroup, National Express and Stagecoach, which were bidding for the cancelled Great Western franchise, have filed papers with the High Court in an attempt to get Britain's Department for Transport (DfT) to refund their costs.
THE Danish government has announced plans to use North Sea oil revenues to finance a €3.7bn investment in the country's railway infrastructure over the next decade, which will reduce journey times between Denmark's five largest cities.
THE European Union (EU) will allocate Lats 400m ($US 752m) towards a programme to electrify Latvia's railway network, according to a statement issued by the Latvian Ministry of Transport. The Ministry says that the work is scheduled to begin by the end of this year and will last up to 2020.