The Department for Transport has set up its own rolling stock leasing company to procure 202 new diesel trains for the Great Western, TransPennine and Northern franchises.
Initially the company, Diesel Trains Ltd, will be led by Bob Linnard, DfT director of rail strategy and stakeholder relations, and rail and regulatory finance manager Caroline Low until permanent staff are appointed. Transport minister Andrew Adonis said it would offer “the most effective way to buy new trains...
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