Rail disruption has helped National Express’ UK coach patronage increase in 2022, according to the company’s latest set of financial figures. In its full year results for the year ending 31 December 2022, revenue increased to £2.81bn (2021: £2.17bn) at National Express. It reported a group operating loss before tax of £209.9m (2021: £84.9m) during […]
Plans to reform the way Driver CPC (DCPC) training is worked are being consulted over. The key changes include offering in parallel to the existing lengthy training format, which will be reformed, more flexibility with e-learning and a shorter ‘new periodic test’ intended to save employees time and companies up to £460 per test in […]
FirstGroup is committing an additional investment of £35m in the electrification of its bus fleet and infrastructure. As a result, the Group now anticipates total bus capital expenditure of £120-125m in the 2024 financial year. This follows successful applications made in partnership with four local authorities where First Bus operates, to secure £25m of Government […]
Wrightbus is to build 117 battery electric buses for FirstBus with a £25.3m government funding package announced today (2 March 2023). The funding is part of the government’s ambitions to roll-out zero-emission buses. It brings total government funding to almost £300 million for up to 1,395 zero-emission buses in England. The funding is an additional […]
In its annual Annual Report and Accounts for the year ended 2 July 2022, Go-Ahead Group reports an ‘exceptional year’. As the pandemic receded, the report notes the 12-month period saw new challenges rise in the form of the war in Ukraine, spiralling energy costs and a cost-of-living crisis. The Group generated operating profit (post-exceptional […]
CPT has launched a new Cost Monitor, specifically for coach operators. The new coach version will sit alongside the recently launched Bus Cost Monitor. The new Cost Monitor for coaches is designed to allow operators to benchmark their costs and performance anonymously against their peers, as well as inform CPT’s policy discussions with governments and […]
Hull’s bus lanes are to return to peak-time operation only. The move follows a citywide transport survey conducted last summer, which saw around 65% of Hull-based respondents say they thought bus lanes should revert to peak-times only. As the road layout was altered when bus lanes were changed to all day operation, the council must […]
Abellio UK and its Dutch shareholder Nederlandse Spoorwegen today signed off a management buyout, in a process which began in August 2022, after receiving all formal approvals required. Following the completion of this complex deal, Transport UK Group Ltd (TUK), will take over all Abellio UK’s existing services, serving millions of rail and bus passengers […]