Transport UK Group
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Transport UK Group
Transport UK Group (TUK) is a British transport operator which operates services in England. It commenced operations in February 2023 when it purchased the British assets of Abellio via a management buyout. History In August 2022, Abellio agreed terms to sell its United Kingdom subsidiaries in management buyout led by managing director Dominic Booth, subject to approval by the Office of Rail and Road and partner organisations Merseytravel and Transport for London. The deal was completed when final approvals were received in February 2023. Subsidiaries Transport UK Group operates the following subsidiaries: *East Midlands Railway, operates the East Midlands franchise under contract to the Department for Transport *Greater Anglia (60% shareholding alongside Mitsui & Co.), operates the East Anglia franchise under contract to the Department for Transport * Merseyrail (50% shareholding alongside Serco-Abellio), operates the Merseyrail concession under contract to Merseytrave ...
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Abellio (transport Company)
Abellio is a Dutch public transport company that operates bus and rail services in the United Kingdom and Germany. It was founded as NedRailways in 2001, before being renamed Abellio in January 2010. Abellio is wholly owned by the Dutch national railway company, Nederlandse Spoorwegen. United Kingdom It was announced on 23 August 2022 that Abellio's UK rail and bus operations are to be sold by Nederlandse Spoorwegen to UK-based ownership in a management buyout, subject to approval by the Office of Rail and Road and partner organisations such as Merseytravel and Transport for London. The group's UK operations are planned to be transferred to the Transport UK Group, lead by Abellio's UK managing director Dominic Booth, by the end of 2022. Buses In May 2009, Abellio purchased the Travel London and Travel Surrey businesses from National Express and rebranded them Abellio London and Abellio Surrey in October 2009. The latter closed in September 2018. Abellio currently operates si ...
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Companies Formed By Management Buyout
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "arti ...
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Companies Based In London
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Transport For West Midlands
Transport for West Midlands (TfWM) is the public body responsible for co-ordinating transport services in the West Midlands metropolitan county in England. It is an executive body of the West Midlands Combined Authority (WMCA), with bus franchising and highway management powers similar to Transport for London. TfWM's policies and strategy are set by the Transport Delivery Committee of the WMCA. TfWM's initial priorities are the expansion of the Metro through East Birmingham, Brierley Hill and Birmingham Airport, improvements to the M5 and M6 motorways, and new cycle routes as part of a metropolitan cycle network. There are also plans to work with central government over the future of the underused M6 Toll. History Before 2016, public transport services in the West Midlands were co-ordinated by the West Midlands Passenger Transport Executive, which adopted the brand Centro in 1990. Centro's policies were set by the West Midlands Integrated Transport Authority (WMITA). TfWM ...
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Mitsui
is one of the largest '' keiretsu'' in Japan and one of the largest corporate groups in the world. The major companies of the group include Mitsui & Co. ( general trading company), Sumitomo Mitsui Banking Corporation, Nippon Paper Industries, Pokka Sapporo Holdings, Toray Industries, Mitsui Chemicals, Isetan Mitsukoshi Holdings, Sumitomo Mitsui Trust Holdings, Mitsui Engineering & Shipbuilding, Mitsui O.S.K. Lines and Mitsui Fudosan. History Edo period origins Founded by Mitsui Takatoshi (1622–1694), who was the fourth son of a shopkeeperRíkarðsson, Árni (2020). ''Origins of the Zaibatsu conglomerates''. Bachelor’s thesis. Supervisor: Kristín Ingvarsdóttir. Reykjavik, University of Iceland, p. 15. in Matsusaka, in what is now today's Mie prefecture. From his shop, called Echigoya (越後屋), Mitsui Takatoshi's father originally sold miso and ran a pawn shop business. Later, the family would open a second shop in Edo (now called Tokyo). Takatoshi moved t ...
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Serco-Abellio
Serco-Abellio (formerly Serco-NedRailways) is a joint venture between Serco and Abellio, each owning 50%. The joint venture formed and owns one train operating company in Northern England. It has operated the Merseyrail franchise since July 2003 and operated the Northern Rail franchise from December 2004 until March 2016. Serco-Abellio also lodged unsuccessful bids for the Wales & Borders, West Midlands and Tyne & Wear Metro franchises. Serco is a UK public listed company providing outsourced public sector services internationally, including the operation of public transport systems. Abellio is a subsidiary of the Dutch state railway company, Nederlandse Spoorwegen. Operations Merseyrail In April 2003, Serco-NedRailways was awarded the Merseyrail franchise for 25 years from July 2003. Northern Rail In July 2004, Serco-NedRailways was awarded the Northern Rail franchise for six years and nine months from December 2004 with a two-year extension subject to performance targ ...
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East Anglia Franchise
The East Anglia franchise is a railway franchise for passenger trains on the Great Eastern Main Line and West Anglia Main Lines in England. It commenced operating in April 2004 when the Anglia and Great Eastern franchises, together with the West Anglia part of the West Anglia Great Northern franchise, were combined to form the Greater Anglia franchise. Initially operated by National Express East Anglia, in February 2012 it was taken over by Greater Anglia. In May 2015 the Liverpool Street to Chingford/Cheshunt and Enfield Town and Romford to Upminster services transferred to London Overground, and the Liverpool Street to Shenfield services transferred to TfL Rail. Upon being re-tendered in 2016, it was retained by Abellio and rebranded Greater Anglia as specified by the Department for Transport. History In 2002 as part of a franchise reorganisation by the Strategic Rail Authority, it was announced the Anglia and Great Eastern franchises together with the West Anglia par ...
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Mitsui & Co
is one of the largest ''sogo shosha'' (general trading companies) in Japan; it is part of the Mitsui Group. History The company was established in 1876 with 16 members including the founder, Takashi Masuda. As Japan's international trading was dominated by foreigners since the end of the Edo period, it aimed to expand business owned by Japanese citizens. By the end of World War II, it became a dominant trading giant, but was dissolved by the order of GHQ. The current Mitsui & Co. was established in 1947 as Daiichi Bussan Kaisha, Ltd. (''First Bussan Corporation Ltd''). In 1959, it merged with several other trading companies and changed its name to Mitsui & Co., Ltd. During Japan's period of rapid postwar economic growth, the firm was a key player in several major natural resources projects. In 1971, it took a stake in an offshore gas field near Das Island in Abu Dhabi, which supplies liquefied natural gas to Japan on an exclusive basis; it invested in a major Western Austra ...
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Department For Transport
The Department for Transport (DfT) is a department of His Majesty's Government responsible for the English transport network and a limited number of transport matters in Scotland, Wales and Northern Ireland that have not been devolved. The department is run by the Secretary of State for Transport, currently (since 25 October 2022) Mark Harper. The expenditure, administration and policy of the Department for Transport are scrutinised by the Transport Committee. History The Ministry of Transport was established by the Ministry of Transport Act 1919 which provided for the transfer to the new ministry of powers and duties of any government department in respect of railways, light railways, tramways, canals and inland waterways, roads, bridges and ferries, and vehicles and traffic thereon, harbours, docks and piers. In September 1919, all the powers of the Road Board, the Ministry of Health, and the Board of Trade in respect of transport, were transferred to the new ministry. ...
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Rail (magazine)
''Rail'' is a British magazine on the subject of current rail transport in Great Britain. It is published every two weeks by Bauer Consumer Media and can be bought from the travel sections of UK newsstands. It is targeted primarily at the enthusiast market, but also covers issues relating to rail transport. ''Rail'' is more than four decades old, and was called ''Rail Enthusiast'' from its launch in 1981 until 1988. It is one of only two railway magazines that increased its circulation. It has roughly the same cover design for several years, with a capitalised italic red ''RAIL'' along the top of the front cover. Editorial policy ''Rail'' is customarily critical of railway institutions, including the Rail Delivery Group, the Office of Rail and Road, as well as, since it assumed greater railway powers, the Department for Transport. ''Rail's'' continuing campaigns include one against advertising and media images showing celebrities and others walking between the rails (an unsafe ...
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Merseytravel
Merseytravel is the passenger transport executive, responsible for the coordination of public transport in the Liverpool City Region in North West England. Merseytravel was established on 1 December 1969 as the Merseyside Passenger Transport Executive. From 1 April 2014, with the creation of the Liverpool City Region, Merseytravel expanded its area of operation from the metropolitan county of Merseyside to also include the Borough of Halton. Governance The Merseyside Passenger Transport Authority and Merseyside Passenger Transport Executive were established as a result of the Transport Act 1968. The authority, which was responsible for transport strategy and policy, included representatives from 18 different councils. The executive was responsible for day-to-day operation of transport services. In 1974, when the transport organisation's boundaries were made co-extensive with the new metropolitan county of Merseyside which was formally created by the Local Government Act 1 ...
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