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Transdev Group has entered into an agreement to acquire fellow transportation company First Transit, purchasing it from Stockholm-based investor EQT Infrastructure.

ONE of Scotland’s oldest pubs, The Griffin in Glasgow, was this week bought by Isle of Skye Brewing Company owner Kenny Webster, signalling his…

Max Davidson travelled to Edinburgh on Lumo and journeyed back, the same day, on a standard LNER service. 'It's a clear win for Lumo,' he reveals, comparing the two train services.

FirstGroup is the UK's largest bus operator, with a fleet of nearly 9,000 vehicles providing more than 20% of all local services. Photo: Jamie Simpson By Kristy Dorsey Matthew Gregory is surrendering the helm at FirstGroup after the transport giant’s largest shareholder renewed calls for the chief executive’s resignation. In an announcement alongside the release of its financial results for the year to the end of March, FirstGroup said Mr Gregory will not seek re-election at the company’s annual meeting on September 13. Chairman David Martin will take over as interim executive cha...

First published on Fri 23 Apr 2021 04.22 EDT FirstGroup has sold the bulk of its North American transport business in a deal worth $4bn, as the transport group looks to focus on its UK bus and rail operations. The Aberdeen-based FirstGroup has sold First Student, the biggest school-run operator in the US, with about 43,000 yellow buses, and First Transit, which provides outsourced public transport, to EQT Infrastructure. Shares rose 10% after the deal was announced on Friday, making FirstGroup the top riser on the FTSE 250. FirstGroup, the UK’s largest bus company and an operator of rail fr...