Extra costs associated with a flurry of new products ‘put pressure’ on Volvo Group’s profitability in 2013, according to its President and CEO, Olof Persson. In its third quarter results, the Group’s operating income for 2013 was £672.1m/SEK7,138m (2012: £1,701.3m/SEK18,069m). Its income after taxes was £357.7m/SEK3,802m (2012: £1,070.6m/SEK11,378m). The Board of Directors proposes a dividend […]
London Hire Ltd has appointed Darren Brooke as its Northern Sales Account Manager. Darren has worked in the industry for over 15 years, representing such companies as Optare, Treka and more recently Unwin Safety Systems. He will be joining the current sales team to develop rental opportunities within the country on both wheelchair accessible and […]
First in Leeds has offered an alternative to the NGT trolleybus scheme proposed for the city by Metro. Dubbed ‘The New Bus for Leeds’, First claims this option will deliver a greatly enhanced transport service but far sooner than 2019, at a fraction of the cost and benefitting much more of the city instead of […]
Under plans to save £7.3m from its coming year’s budget, West Midlands transport authority (Centro) plans to keep free bus travel after 23.00 for older people, the blind and disabled. Centro has also proposed to safeguard free tram and train travel for eligible people and half price bus fares for children. Councillors are to meet […]
Many important and influential companies and individuals in the transport ticketing sector gathered at the Business Design Centre in London for the Transport Ticketing 2014 Conference and Expo. This was co-located with Passenger Information 2014, both providing in depth presentations and debates on the latest technology in these areas and best practice in implementing them. […]
With work continuing apace on the new £20m depot and regional headquarters that will replace its sprawling Larkfield complex, First Glasgow has released artist’s impressions of what the new facility will look like once it is complete in October this year ready for full operation from November. Located only a stone’s throw from the 85-year […]
Greener Journeys will once again be spearheading Catch the Bus Week, a series of events running from 28 April to 4 May aimed at encouraging bus use. In addition to encouraging modal shift, it also aims to increase awareness of the benefits of bus travel in the UK in the process. The organisation wants this […]
The centre piece of the Go Ahead Group’s two-year £30m investment in Go North East was unveiled last week with the opening of the new £8.5m Gateshead Riverside depot. Located on part of the site of the former Dunston power station, the new facility covers 5.75 acres and will be home to 160 buses. It […]