- Editorial, Letters & E-mails
- Diary Dates, Sales & Wants
- Chairman's Chat
- News Update
- Japan Railway Surprises
- A System Beyond Expectations
- Steam and Cherry Blossom Tour 2007 (Part 1)
- Usui Pass Revisited
- Received Impressions from Korail
- Famous Trains: "Shinano"
- Always Something New to See (Part 3)
- Skyrail
- Requiem for Two Railways
- Locomotive Profiles: C63 and EF63
- JRS Shop and Library
- Book Review
- M.G. Sharp Advertisement
Front cover: Top: 700 shinkansen in Ōsaka disrict, photo by Tom Greaves
Bottom: N700 Shinkansen at Tamachi, Tōkyō, photo by Dave Fossett.