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Transport - 1998

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Motorail is planning to set up a head office and phone booking operation in Inverness, in preparation for the relaunch of its vehicle transport service between Scotland and England.
29-Dec-1998


Eddie Stobart, the road transport company, is planning to set up a £22m warehouse at Sherburn-in-Elmet near Leeds, with the creation of 250 jobs.
29-Dec-1998


Nexus has won government approval for a £84m scheme to extend the Tyneside Metro system to Sunderland, and work is due to start next autumn.
17-Dec-1998


Bombardier of Canada is to create 40 jobs at new offices in Vernon Gate, Derby, in order to manage its train building project for Virgin.
10-Dec-1998


Simon has acquired Seawheel Holdings, the provider of cargo transportation services, for up to £14m.
09-Dec-1998


Amtrak, the express parcels company, is being acquired in a £86m management buy-in with the support of 3i.
04-Dec-1998


Hays has acquired Colirail, the French provider of courier services, for £14m.
02-Dec-1998


British Airways is to acquire CityFlyer Express, one of its UK regional franchises, for £75m.
27-Nov-1998


Rail companies are to recruit an additional 800 train drivers as part of a 10-point action plan, in response to government demands for an improvement in service.
27-Nov-1998


Arriva has confirmed the £47m acquisitions of the Dutch state-owned Veonn and Hanze bus groups.
27-Nov-1998


Vosper Thornycroft is planning to expand its Portchester shipyard over the next two years, and the workforce will rise from 50 to 300 as it relocates Halmatic from Southampton and Vosper Thornycroft Controls from Cosham.
17-Nov-1998


Amtrak Express Parcels has moved its Cambridge depot to larger premises in Bar Hill, which will enable it to expand and create more jobs.
16-Nov-1998


Gatwick Airport is planning to create 7,000 new jobs over the next decade by extending facilities, although the development will stay within the present boundary.
10-Nov-1998


A Morrey Distribution, the storage company, is planning to expand its warehouse near Stoke with the creation of up to 60 new jobs.
09-Nov-1998


Virgin Rail is to create 1,000 jobs in Scotland over the next five years by expanding its booking and call centre service in Edinburgh and Dingwall.
06-Nov-1998


Deutsche Post is acquiring a 50% stake in Securicor for £223m, as part of a strategy to create a pan-European parcels distribution business in preparation for the liberalisation of EU postal services.
03-Nov-1998


Norwich Airport is planning to create hundreds of new jobs over the next three years and offer new destinations, improved facilities and extra flights on established routes.
02-Nov-1998


Highlands & Islands Enterprise has won approval to invest £10m in the construction of a mountain railway up Cairn Gorm in Scotland, which will create 60 jobs.
28-Oct-1998


Hays Customer Solutions is planning to create up to 1,000 jobs at a new national call centre at the De Montfort Business Park in Leicester.
26-Oct-1998


Gill Airways of Newcastle is to add four more Air France franchise routes, which will create 150 jobs over the next year.
21-Oct-1998


Go-Ahead Group has acquired GHI, the provider of passenger and cargo handling services at a number of UK airports, from the US airlines Northwest and Delta for £37m.
20-Oct-1998


English Welsh & Scottish Railway is opening a customer service delivery centre in Doncaster with the creation of 300 jobs.
15-Oct-1998


Danesbury Freight, the haulage company, is preparing plans to relocate to the site of the former Congleton Paperboard factory at Buglawton, creating up to 100 jobs.
15-Oct-1998


National Express and DHL are to invest £70m in the improvement of air cargo handling facilities at East Midlands airport, including a new £35m parcel sorting centre.
14-Oct-1998


Stansted airport is submitting plans to increase passenger capacity from 8m to 15m a year, which would create about 7,000 jobs.
09-Oct-1998


Ocean Group has acquired AW Fenton, the US provider of customs clearance for air and sea freight, for £10m.
08-Oct-1998


Arriva is set to acquire VSN-North, the Dutch bus operator, for £47m, and hopes to benefit from the Dutch government's moves to introduce competition into regional bus and rail markets.
01-Oct-1998


British Airways' cut-price airline Go is to create 200 jobs at Stansted Airport and add eight more planes.
01-Oct-1998


Midland Mainline is planning to build a £10m rail station near Nottingham, which would create more than 100 jobs.
01-Oct-1998


Peel Holdings is to invest £30m in a new passenger terminal at Liverpool Airport, creating up to 4,200 jobs.
30-Sep-1998


Marcroft Engineering is expanding its rail maintenance facilities in Stoke, and expects to recruit a further 50 employees.
24-Sep-1998


White Horse Ferries is considering plans for a daily ferry service between Weston-super-Mare and Cardiff Bay.
21-Sep-1998


The Royal Mail is planning a £4m delivery office in Sunderland, which will create 30 jobs.
17-Sep-1998


Simon, the port services and shipping group, is considering plans to build a £20m roll-on roll-off ferry port on the Humber near Immingham, which could create hundreds of jobs.
09-Sep-1998


Airbus has said that its plans for a European superjumbo will create 10,000 high-skill jobs in the UK and safeguard a further 40,000 in more than 400 UK companies.
08-Sep-1998


National Express has acquired Crabtree-Harmon, the US school bus operator, for up to £23m, and is now looking for similar acquisitions.
04-Sep-1998


Wallace Arnold is planning a £4.5m coach interchange at Wakefield, creating 190 jobs.
02-Sep-1998


National Express is selling Highland Country Buses, which provides rural bus services in the Inverness area, to Rapson Coaches for £4m.
25-Aug-1998


Metroline has acquired Citylink, the Scottish coach operator, from National Express for £9.3m, its first move outside London.
25-Aug-1998


Cammell Laird is acquiring ALB Holdings, the operator of four dry docks in the north-east, for £33m, in order to enable it to take on larger ship repair orders.
20-Aug-1998


ProLogis of the US has acquired Kingspark Group for £95m, in order to build up a UK warehousing business and improve its relationship with European logistics companies.
20-Aug-1998


Acorn Storage Centres is acquiring Abacus Self Storage from Caledonia Investments for £44m, to create Europe's largest self-storage company.
18-Aug-1998


Stagecoach has acquired the Yellow Bus Company in Auckland, New Zealand, for £35m, having beaten off rival bids from a number of other international companies.
11-Aug-1998


Ocean Group is acquiring Skyking Freight Systems of the US for £4.8m, as part of a strategy to build up a US logistics business to complement its international air freight forwarding operation.
08-Aug-1998


Boeing is planning to set up a $170m training centre for airline flight crew and maintenance staff at either Heathrow or Gatwick, employing 55 staff from 2000.
05-Aug-1998


Seascope Shipping is acquiring Marine Investment Management, the intermediary between merchant banks and shipping companies aiming to raise funds, for undisclosed terms.
29-Jul-1998


NFC has acquired Walsh Western Group, the electronics logistics company that operates in Ireland, the UK and the Netherlands, for £8m.
21-Jul-1998


First Group has acquired CCB Holdings, the owner of Capital Citybus and Walthamstow Citybus, for £14m, which will increase its share of the London bus market from 11% to 16%.
09-Jul-1998


Metroline is acquiring the London Northern bus company from MTL Trust for £42m, which will increase its share of the London bus market from 7% to 13%.
03-Jul-1998


Hays has acquired Delta Medical Express, a courier service based in France and Belgium, for £2.2m, as well as three French recruitment agencies for £18m.
27-Jun-1998


Stagecoach has acquired a 49% stake in Virgin Rail for £158m, which means that Virgin will not now go-ahead with a planned flotation.
23-Jun-1998


Hunting is selling its Hunting Cargo Airlines business to a consortium comprising Compagnie Maritime Belge and Safair for £9m.
17-Jun-1998


British Airways has announced plans to create 3,500 jobs at Gatwick airport over the next 10 years, in order to support an expected 60% increase in passengers and a near doubling of cargo.
13-Jun-1998


First Group is buying the remaining 80% of the Mainline bus company in a £30m deal, in order to strengthen its position in the West Yorkshire market.
02-Jun-1998


Wiggins has signed a 20-year deal with Air Atlanta Icelandic to operate charter and freight flights from Manston airfield, as part of a plan to transform the site into London's fourth airport.
29-May-1998


Ocean, the logistics company, is acquiring Mercury Holdings, the newspaper distribution business, for an initial £30m.
21-May-1998


Associated British Ports has agreed to acquire American Port Services, the operator of car terminals at four US ports, for £106m, as part of a strategy to increase its range of services and expand overseas.
20-May-1998


Associated British Ports is acquiring Exxtor Group Shipping Services, the operator of a roll on-roll off terminal at Immingham for £16m.
19-May-1998


The government is planning a £15m rail freight terminal east of Cardiff, which will be run by Freightliner and is intended to take 40,000 truck journeys off the road each year.
18-May-1998


Safestore is acquiring Metrostore, the self-storage company, for about £6m.
12-May-1998


GE Capital Railcar Services, a subsidiary of General Electric of the US, is acquiring International Wagon Services, the rail freight car company, for undisclosed terms.
02-May-1998


Stagecoach has bought Prestwick International, the operator of the Glasgow airport, for £41m, and is creating a new company called Stagecoach Aviation.
01-May-1998


Cendant of the US has completed the $1.3bn acquisition of National Parking Corporation, the UK's largest private car park operator.
28-Apr-1998


British Airways is planning to create 7,000 jobs over the next 12 months, including cabin crew, customer services, telephone sales and pilots, with most of them located at Heathrow and Gatwick.
20-Apr-1998


Central Railway is drawing up plans to build a freight and passenger rail link from Liverpool to the Channel Tunnel, running through Manchester, Sheffield, Leicester and London, and stopping at Lille in northern France.
15-Apr-1998


The £78m Millennium Link project to link up canals between the west and the east of Scotland is set to go ahead following the promise of additional funding from British Waterways Board, Scottish Enterprise and local authorities.
07-Apr-1998


Go-Ahead Group is planning to take full control of Thames Trains, which has a franchise to operate trains between Oxford and London Paddington, at a cost of £6.1m.
27-Mar-1998


Virgin Express, the low-cost airline, may move its headquarters from Brussels to the UK or Ireland due to interference from the government and unions in Belgium.
25-Mar-1998


First Group is acquiring Great Western Trains for £148m, a controversial move that will generate big profits for the former British Rail managers that bought Great Western.
07-Mar-1998


Jacobs Holdings has acquired Societe Vendomoise de Transports de Vehicules, the French car transportation group, for £3.9m.
06-Mar-1998


Hutchison Whampoa has bought the port of Harwich from HSBC Private Equity for a sum thought to be over £100m, and it plans to develop the port as a stop-off for cruise liners and as an entry point to mainland Europe.
03-Mar-1998


Tibbett & Britten has acquired Causse Walon, the French vehicle distribution and storage business, for £14m through Axial, its existing French logistics subsidiary.
27-Feb-1998


GEC Alsthom has finalised a deal to acquire Wessex Traincare, the former British Rail rolling stock repair company.
18-Feb-1998


P&O Nedlloyd has bought the Blue Star Line container shipping company from the Vestey Group for £60m.
10-Feb-1998


Target, the Coventry-based privately-owned parcels delivery company, is undergoing a management buy-out for undisclosed terms, with the backing of Legal & General Ventures.
05-Feb-1998


London Docklands Development Corporation has given its support to a plan to double the number of flights at London City Airport, creating up to 3,000 jobs, and the government now needs to decide whether to give approval or refer it to a planning inquiry.
21-Jan-1998


Volvo is to acquire the BRS truck rental business from NFC for £49m, which will make Volvo Contract Services the largest such company in the UK managing over 20,000 trucks, buses and coaches.
20-Jan-1998


GEC Alsthom is acquiring the railway signalling operations of Italian-owned Sasib for undisclosed terms.
09-Jan-1998


Royal Bank of Scotland's venture capital arm has bought A&P Repair, the ship repair company, for £56m.
05-Jan-1998