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Thursday, 12 January 2017

National Express exits UK rail

LONDON: National Express agreed to sell a London rail contract to Italy’s Trenitalia yesterday, marking the departure of what used to be one of the biggest names in British rail and the arrival of another foreign state-owned operator to the network.

Britain privatised its rail services in the 1990s, and the network is now run by several UK-listed transport companies, as well as state-owned European rail groups including Germany’s Deutsche Bahn, Abellio from the Netherlands and Keolis, majority-owned by France’s SNCF. – Reuters

Tags / Keywords: National Express , rail , UK

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