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 […]
Exhibition Between conferences and presentations, visitors had the opportunity to browse the exhibition, giving a great opportunity to make contacts with companies both familiar and new. An interesting display was by Scheidt & Bachmann (S&B), which was showing its on board card/ticket validator. The unit is currently in use on buses in Toronto and can […]
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 […]
Investment Most of the rest of the £30m spent has gone on over 100 new vehicles in the bright branded liveries that have proved so popular with the company’s customers and helped earn it passenger satisfaction ratings consistently over 90%. Rather than displaying only vehicles from the new depot’s future allocation, the opportunity was taken […]