Bus News
Arriva stock market floatation abandoned
Deutsche Bahn has put its plans to float Arriva and Schenker on the stock exchange on hold in the wake of Brexit. In May this year, the DB Supervisory Board asked the Management Board for […]
Financial
Bus News
Revenues up at Go-Ahead
Go-Ahead Group has announced its first quarter trading update for the period from July 3, 2016 to October 1, 2016. The group said it remains in a good financial position, with strong cash generation and […]
Features
Get your act together
Phil White, Director of Passenger Transport for commercial insurance broker, Arthur J. Gallagher, unpicks the big changes in the Insurance Act 2015 – which came into effect in August – and looks at what this means for businesses. The Insurance Act 2015 is a move to modernise […]
Bus News
All systems go
Gary Mason, Engineering Director at Nottingham City Transport, outlines to Jade Smith the operator’s plans to bring in 53 gas buses with help from nearly £5million worth of funding from OLEV. I met Gary Mason, […]
Financial
Wrights Group purchases new premises in Lisafillan
Wrights Group has confirmed that it has exchanged contracts for the purchase of a major manufacturing facility in Lisnafillan, near Ballymena. The 100 acre site – which is currently owned by Japan Tobacco International (JTI) […]
Bus News
Translink given £10m of funding for new buses
Wrightbus to supply at least 20 of the vehicles, representing £4m of the funding Translink is to purchase an extra 45 buses as part of borrowing agreed with the Government in Northern Ireland, the Belfast […]
Financial
McGill’s profits up but slowed by congestion
McGill’s of Inverclyde has reported a rise in turnover from £35.3m to £38.3m in 2015, with pre-tax profits also increasing to £3.6m from £3.2m the previous year, the BBC reported.
Financial
Stagecoach UK Bus revenue down 1.9%
Stagecoach Group plc released its trading update for year ending April 29, 2016. The operator revealed that its megabus.com, UK Bus and North American operations have seen a decline in revenue, but warned that independent […]
Financial
Low bus sales cause slowdown at 21st Century
21st Century Technology has released its interim results for the six months ended June 30, 2016.
Bus News
Optare sales and revenues fall
Optare has said that investments made in its latest financial year have ‘laid the groundwork for a better future,’ as it reported a substantial drop in sales and revenue.
