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Author Topic: Rail Services At Risk From Recession?  (Read 7802 times)
Lee
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« on: October 09, 2008, 23:51:58 »

Stagecoach could implement cutbacks on off-peak services as part of cost-cutting plans as transport businesses, previously seen as insulated from a downturn, begin considering the impact of an unexpectedly long and deep recession on the sector (link below.)
http://www.theherald.co.uk/business/news/display.var.2458920.0.stagecoach_prepares_for_downturn.php
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« Reply #1 on: October 10, 2008, 16:43:06 »

Or are they just using the "credit crunch" to do what they have wanted to do all along reduce off peak services there by reducing staff train sets etc
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« Reply #2 on: October 10, 2008, 18:47:10 »

They should lower off peak fares/ introduce super off peak fares to get passengers onto the railway.
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Lee
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« Reply #3 on: October 11, 2008, 12:04:15 »

Some stations served by Stagecoach-owned East Midlands Trains are already due to see their off-peak service cut in December 2008. The postponement of the Corby and East Midlands Parkway station openings doesnt reflect well PR (Public Relations)-wise either, regardless of where the blame for these issues ultimately lies.

Ironically, this comes at a time when First Great Western are actually increasing off-peak services on some of their lines. If only a solution to the TransWilts issue could be found, then FGW (First Great Western) could rightly be considered to have undergone a genuine transformation in terms of timetabled service provision.

Related links.
http://www.canber.co.uk/?q=node/44

http://www.canber.co.uk/?q=node/43
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Lee
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« Reply #4 on: October 31, 2008, 22:38:00 »

Stagecoach reports rail revenues up 8.3 per cent, but notes some slowing in growth in recent quarters (link below.)
http://www.rmtbristol.org.uk/2008/10/bus_and_rail_group_benefits_in.html#more

Quote from: Financial Times article
Stagecoach management, led by Brian Souter, chief executive. has indicated that it will take measures to stave off any impact from declining economic growth. "[We] will continue to review the cost base of the rail businesses and will implement cost saving if and when appropriate," it said.
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Lee
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« Reply #5 on: January 11, 2009, 23:57:00 »

Routine talks between the Transport Secretary and the bosses of National Express, Stagecoach, First Group, Arriva and Go-Ahead on 20 January have assumed urgency because of the weakening economy and signs of waning performances at rail franchises (link below.)
http://www.guardian.co.uk/business/2009/jan/11/trains-buses-service-reduction

It is understood that the chief executives will seek assurances from Geoff Hoon that he is open to renegotiating their franchises, which could include a reduction in services, if falling passenger numbers put their franchise deals under excessive strain.

Related background link.
http://www.rmtbristol.org.uk/2008/12/busiest_train_operator_may_red.html#more

Quote from: Keith Ludeman, Go-Ahead CEO (Chief Executive Officer) (Chief Executive Officer)
"There is nothing to stop us, if demand falls off, going to the department [for transport] and asking to take services out,"
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6 OF 2 redundant adjunct of unimatrix 01
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« Reply #6 on: January 12, 2009, 18:51:49 »

there is a problem..... at this moment in time if say 5% of people who drove to work got the train insted...... would the network cope?....

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Btline
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« Reply #7 on: January 12, 2009, 20:58:49 »

No.
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6 OF 2 redundant adjunct of unimatrix 01
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« Reply #8 on: January 12, 2009, 21:08:02 »

rearange these words...... stuffed we then are
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autotank
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« Reply #9 on: January 12, 2009, 21:14:29 »

I've stopped using the train since a return from Henley to Reading topped ^5 during peak in the recent fare rise. This argument has been done in other threads, but I know a few who now use the train less because of the ridiculous rises and large reduction in petrol prices recently.

If others take my stance service redutions are definately on the cards. The gvernment and TOC (Train Operating Company)'s need to stp shooting themselves in the foot!
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TerminalJunkie
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« Reply #10 on: January 12, 2009, 21:16:58 »

rearange these words
But we have to do that with nearly everything you post
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« Reply #11 on: January 12, 2009, 21:26:50 »

rearange these words
But we have to do that with nearly everything you post

now mean your just being....

.... i went to sidmouth college GIVE ME A BREAK  Angry
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Lee
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« Reply #12 on: January 14, 2009, 00:29:26 »

Routine talks between the Transport Secretary and the bosses of National Express, Stagecoach, First Group, Arriva and Go-Ahead on 20 January have assumed urgency because of the weakening economy and signs of waning performances at rail franchises (link below.)
http://www.guardian.co.uk/business/2009/jan/11/trains-buses-service-reduction

It is understood that the chief executives will seek assurances from Geoff Hoon that he is open to renegotiating their franchises, which could include a reduction in services, if falling passenger numbers put their franchise deals under excessive strain.

Related background link.
http://www.rmtbristol.org.uk/2008/12/busiest_train_operator_may_red.html#more

Quote from: Keith Ludeman, Go-Ahead CEO (Chief Executive Officer) (Chief Executive Officer)
"There is nothing to stop us, if demand falls off, going to the department [for transport] and asking to take services out,"

Further related link.
http://www.nebusiness.co.uk/business-news/latest-business-news/2009/01/12/transport-operators-to-make-plea-for-help-51140-22670361/
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Lee
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« Reply #13 on: January 15, 2009, 07:04:42 »

BBC» (British Broadcasting Corporation - home page) South is reporting that SWT (South West Trains) is planning to cut the number of carriages on around 100 of its services. SWT claims that none of these services operate during the rush hour, but that carriages will be cut on some off-peak/weekend services.
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Lee
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« Reply #14 on: January 15, 2009, 13:52:30 »

See also link below.
http://www.firstgreatwestern.info/coffeeshop/index.php?topic=4175.msg33611#msg33611
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