The newest addition to Network Rail’s train fleet has left the depot for the first time on a series of test runs.

Network Rail today publishes its ‘alternative solutions’ network route utilisation strategy – the result of a wide-ranging consultation with industry stakeholders and which looks at future, cost-effective options for growth.

The study examines five main areas for development: further use of trams, tram trains, hybrid light rail, innovative ideas for electrification and further expansion of community rail initiatives.

Punctuality on the railways reached 93.1% during Period 3, according to monthly performance data released today by Network Rail, the joint best period 3 recorded.

Network Rail today revealed details of a series of projects, worth nearly £40m, aimed at improving the reliability of the infrastructure and punctuality of train services on Britain’s busiest mixed-use railway line.

Responding to the Office of Rail Regulation’s draft determination for control period 5 (2014-19), a Network Rail spokesperson said: “We welcome today's draft determination from the Office of Rail Regulation setting out their proposals for the funding and investment the railway will need for the five years to 2019.

Network Rail invested more than ever before (in cash terms) – some £14m a day (£5bn for the year) – in renewing and expanding Britain’s railway in 2012/13, the company announced today in its full-year financial results.

Network Rail has signed framework agreements with five major IT suppliers as it begins to simplify its computing relationships.

Network Rail has begun a search for a new non-executive director with specific significant railway experience in light of Graham Eccles’ decision to stand-down at the company’s AGM in July.