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 […]
Arriva is planning to close its Winsford, Macclesfield and Oswestry depots. If confirmed, the closure of the Winsford and Macclesfield depots would see Arriva North West no longer operating its 13 bus services in the Winsford, Northwich, Crewe and Macclesfield areas. The operator says both depots have been loss-making since before the pandemic and passenger […]
Experienced finance specialist Martyn Bellis has been appointed as Commercial Director of Bus & Coach at Asset Alliance Group. In the newly-created role, Martyn, 55, will be enhancing the company’s offering to existing customers, as well as seeking to secure new business and maximising opportunities in the electric bus and coach market: “Given the amount […]