Shurely shome mishtake?
Tuesday, 2 October 2012
First for faith over adversity?
This from the Scotsman...
First Group, the Aberdeen-based transport firm that beat Sir Richard Branson’s Virgin Rail to win the west coast main line franchise, expects to take over the running of the route on time despite the ongoing legal challenge.
Hmmm....
As the franchise documentation has been returned to the bidders following Virgin's legal challenge and mobilisation is assumed to take 120 days from contract sign, First's confidence in being able to meet the 9th December start date seems very brave, as without a contract they are presumably mobilising at risk?
Eye wonders how First's costs are being covered or whether they are being underwritten?
And if so, by whom?
First Group, the Aberdeen-based transport firm that beat Sir Richard Branson’s Virgin Rail to win the west coast main line franchise, expects to take over the running of the route on time despite the ongoing legal challenge.
Hmmm....
As the franchise documentation has been returned to the bidders following Virgin's legal challenge and mobilisation is assumed to take 120 days from contract sign, First's confidence in being able to meet the 9th December start date seems very brave, as without a contract they are presumably mobilising at risk?
Eye wonders how First's costs are being covered or whether they are being underwritten?
And if so, by whom?
Wabtec acquires LH Group
This from Wabtec...
Wabtec Rail Group is pleased to announce the acquisition of Keelex 351 Limited, which includes LH Group Holdings Limited, LH Group Services Limited, LH Group Wheelsets Limited, J & D Gears Limited, Coleman UK Group Limited, Coleman Hydraulics Limited, LH Plant (Burton) Limited, LH Access Technology Limited, Envirotech Research Limited, TP (Powder Coating) Limited, Coleman Manufacturing Limited, Hunslet Engine Company Limited and Parts Supply Limited.
The LH Group companies will now become part of Wabtec Rail Group which includes Wabtec Rail Limited, Wabtec Rail Scotland and Brush Traction.
Consolidation in the supply chain continues...
Wabtec Rail Group is pleased to announce the acquisition of Keelex 351 Limited, which includes LH Group Holdings Limited, LH Group Services Limited, LH Group Wheelsets Limited, J & D Gears Limited, Coleman UK Group Limited, Coleman Hydraulics Limited, LH Plant (Burton) Limited, LH Access Technology Limited, Envirotech Research Limited, TP (Powder Coating) Limited, Coleman Manufacturing Limited, Hunslet Engine Company Limited and Parts Supply Limited.
The LH Group companies will now become part of Wabtec Rail Group which includes Wabtec Rail Limited, Wabtec Rail Scotland and Brush Traction.
Consolidation in the supply chain continues...