Tag: Europe

Red Star 'could have made profit' this year – Lynx still confident in rail

Lynx Express remains committed to rail despite last week’s closure of the Red Star operation it acquired in 1999. Together with TDG and GB Railfreight, the company is part of the Minimodal consortium which won £1m ( t1.6) in last year ‘s Strategic Rail Authority (SRA) competition designed to stimulate and incentivise innovative thinking about rail transport.

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Consignia may set up cheap local post service

Consignia, formerly the Post Office, is considering asking the Postal Services Commission, the independent regulator, for a licence to operate cheap local postal services in competition with its own Royal Mail subsidiary. The project is being compared by Consignia to British Airways’ launch of its Go subsidiary, which was set up to protect the company’s position in the highly competitive market for cheap flights.

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