RATP Group described its 2013 operating and financial results as ‘very sound’. The French transport provider, whose RATP Dev subsidiary owns bus operations in the UK, recorded consolidated revenue of £4.3bn/€5.143bn in the year, up 4.2% from 2012’s result of £4.1bn/€4.934bn. RATP Dev’s contribution to Group revenue amounted to £699.6m/€835m, up 16.6%, with its profitability […]
Scania has rejected Volkswagen Aktiengesellschaft’s (VW) public takeover offer. The committee from the CV manufacturer’s board of directors claimed the offer did not reflect the long term fundamental value of Scania and a fair share of the expected synergy potential between the two firms. It recommends its shareholders do not tender their shares. VW announced […]
Kirk Trewin has been appointed Chief Engineer at Go North East. Kirk joined the Go-Ahead owned operator as Fleet Engineer for the company’s north division, covering its depots across Tyneside and was responsible for the development of the company’s new £8.5m Riverside depot in Gateshead. He has worked in the bus industry for over 16 […]
Current Stagecoach West MD, Ian Manning, will retire on 31 May 2014. Rupert Cox, currently Acting Operations Director, will become MD on 1 June 2014. Rupert began his career in the bus industry while at University, working in the schedules office at Wilts & Dorset Buses in Poole. He joined Stagecoach on the company’s Graduate […]
After having what it described as the most extensive product renewal in its history in 2013, Volvo Group’s net sales declined 9% in the year to £25.8bn/SEK272.6bn (2012: £28.4m/SEK299.8bn). The company’s operating income amounted to £0.7bn/SEK7.9bn (2012: £1.9bnSEK19.6bn). Its product renewal package put pressures on its earnings, according to a statement on its figures. The […]
Kinchbus has been praised by Member of Parliament for Loughborough, Nicky Morgan MP, for its Freeride Wednesday promotion. The operator is offering free travel into Loughborough between 10.00 and 11.00 on Wednesdays this month. The initiative follows Freeride Sunday, a similar campaign by sister company trentbarton this past January, which saw an increase of around […]
From 5 April 2014, all UK workplaces must display a new and updated Health & Safety Law poster. However, workplace equipment supplier Slingsby, claims many are unaware of the new legislation. The company supplies more than 35,000 workplace products across all industries and was one of the first to start selling the new poster in […]
Across the six Stagecoach depots in the north east, staff raised £25,250 for various charities over the festive period. Notably, Robert Taylor and Mark Johnston, bus drivers from Stagecoach North East’s Sunderland depot, collected £2,180 for St. Benedict’s Hospice and the North of England Children’s Cancer Research Fund (NECCR). The pair dressed as elves, snowmen […]