Search results
Results from the WOW.Com Content Network
The management of British Rail strongly advocated privatisation as one entity, a British Rail plc in effect; Cabinet Minister John Redwood "argued for regional companies in charge of track and trains" but Prime Minister John Major did not back his view; [33] the Treasury, under the influence of the Adam Smith Institute think tank advocated the ...
British Railways (BR), which from 1965 traded as British Rail, was a state-owned company that operated most rail transport in Great Britain from 1948 to 1997. Originally a trading brand of the Railway Executive of the British Transport Commission, it became an independent statutory corporation in January 1963, when it was formally renamed the British Railways Board.
British Rail was privatised between 1994 and 1997, involving the transfer to a series of private-sector operators of responsibility for the provision of services under contract. In all, more than 100 companies took over from British Rail .
Overall, fare increases have been at a significantly slower rate than under British Rail (BR). [citation needed] [disputed – discuss] According to the Global Railway Review, the average annual real-terms increase between 1996 and 2011 was 1.3%, compared to 2.2% during the last 15 years of British Rail [12] [better source needed]. So far as ...
1 January- The Missouri Pacific Railway is merged (officially) into the Union Pacific Railroad 15 years after being purchased by the company in 1982.; 5 January – Further British train operating companies begin operation of their passenger service franchises as part of the privatisation of British Rail: Anglia Railways (GB Railways); Great Eastern (); Virgin CrossCountry (Virgin Rail Group ...
U.S. rail tracks are typically too old to handle the speed of new train technology. The limits of the rails can reduce the effectiveness of the train speeds, sometimes by more than 100 mph.
The history of rail transport in Great Britain 1948–1994 covers the period when the British railway system was nationalised under the name of 'British Railways', latterly known as British Rail until its eventual privatisation in 1994.
British Rail Research (1996) British Rail Telecommunications (1995) European Passenger Services (1996) Railtrack (1996) (18 October 2002 went into voluntary liquidation), now in public ownership as Network Rail; Red Star Parcels (1995) Union Railways (1996) British Technology Group (1992) Building Research Establishment (1997) Cardiff Airport ...