Irish Rail has said it is willing to enter into further talks with the NBRU and SIPTU.
It comes after discussions aimed at resolving the ongoing dispute over pay and conditions between the company and unions broke down at the LRC last night.
The NBRU has said the talks ended as a result of unwillingness on the part of Irish Rail to engage with drivers on the productivity element of the agreement brokered on September 3 last year.
However, Barry Kenny from Irish Rail has said the company is losing €1m each month and a more sensible approach is required.
“We have to indentify verifiable cost savings,” said Kenny.
“If we weren’t to do that, it would damage job security and the service we provide to customers. We need a sensible approach and we are available, still, to talk.”