FRA Certification Helpline: (216) 694-0240

Railtrack shareholders ok sale

LONDON — A wire service reports that shareholders in Railtrack Group PLC, operator of Britain’s railroads, voted Tuesday to sell the financially distressed business to a not-for-profit company for 500 million pounds ($780 million). Stockholders are...

Railtrack to pay Virgin Trains

LONDON — A wire service reports that Railtrack, the collapsed rail infrastructure company, will pay train operator Virgin 100 million pounds ($157 million) in compensation for failing to upgrade one of Britain’s busiest lines, officials said Monday. Virgin...

London struggles with subway strike

LONDON — Walking, riding bicycles and standing in overcrowded double-decker buses, hundreds of thousands of London commuters struggled to reach work Thursday during a 24-hour strike that closed most of the capital’s subway system, according to a wire...

Railway union schedules three strikes in England

LONDON — According to a wire service, train drivers at a regional rail operator in northern England will hold three 48-hour strikes this summer in a dispute over pay, a union announced Wednesday. The walkouts by the drivers’ union Aslef on the First North...

Nonprofit firm to buy Railtrack rail network

LONDON — The Wall Street Journal Online reports that Railtrack Group PLC said Thursday it agreed to a takeover of its rail network ( news – external web site) by state-backed nonprofit firm Network Rail. Railtrack, which was placed into administration last...