Monday , October 22 2018
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Britain’s FirstGroup rejects Apollo takeover approach

FirstGroup has rejected a proposed take-over offer by Apollo Global Management.   The proposal was analysed by the operator and it was unanimously rejected, judging it to fundamentally undervalue the company. It was described as opportunistic by nature.   General Secretary of transport trade union, RMT, Mick Cash, said: “This ...

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Lucketts Group acquires North Hampshire firm

Lucketts Group has acquired north Hampshire-based Mortons Travel.   This is the company’s second acquisition in four months, having previously added Solent Coaches to its growing portfolio. This latest move brings Lucketts’ total number of vehicles to around 175 and widens its reach in the north of the county and ...

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President of India ceremonially commences work on 93-km Lusaka traffic project; says economic cooperation is a key pillar of India-Zambia relations

The Government of India will support the development of the $289m Lusaka Traffic Decongestion Project in Zambia with $250m funding. The foundation stone for this 93km-long project was laid by Indian President Ram Nath Kovind and his Zambian counterpart Edgar Chagwa Lungu, during the former’s visit to the African nation. ...

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Consultation process on road safety strategy approved: PAK

Pakistan has approved the national consultation process for the ratification and implementation of the National Road Safety Strategy 2018-2030 and Action Plan 2018-2022. The decision was taken at the meeting of the 3rd National Steering Committee for the Development of Road Safety Plan for National Highways & Motorways of Pakistan. ...

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Oxfordshire County Council awards traffic signals contract to telent Technology Services

UK-based company telent Technology Services has secured a contract to maintain Oxfordshire County Council’s traffic signals network. Under the contract, telent will be responsible for the supply, installation, and maintenance of traffic signalling equipment and will also provide multiple on-street intelligent transport systems (ITS) equipment across the county. The five-year contract ...

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