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BUS and rail group Stagecoach has turned cautious on plans to operate hovercraft between Fife and Edinburgh after local authorities cancelled a competitive tendering process on the grounds it was too expensive.
STAGECOACH has been ordered to split its New York sightseeing joint venture, Twin America, or sell off some of its services by US authorities.
TRANSPORT group Stagecoach has sold its Preston Bus operation in the north-west of England in a £3.3 million deal following a ruling by the Competition Commission.
TRANSPORT group Stagecoach said yesterday it may bid for the East Coast mainline following the government's franchise review.
STAGECOACH chief executive Brian Souter will this week launch a blistering attack on the Competition Commission's inquiry into the UK bus industry, dismissing it as a waste of time and energy.
THE full scale of Brian Souter's investment interests was revealed for the first time yesterday as figures showed his private portfolio has grown to £400 million over the past three years.
SIR George Mathewson, a doyen of the Scottish business sector and former chief executive and chairman of Royal Bank of Scotland, is to become chairman of Stagecoach from 1 January 2011, the transport group announced yesterday.
PERTH-based transport group Stagecoach cheered investors yesterday with a strong trading update unveiling across-the-board revenue increases as it stonewalled speculation that rail passengers face swingeing fare increases next January.
TRANSPORT group Stagecoach yesterday provided a major boost to Scottish bus builder Alexander Dennis as part of a £50 million order for a fleet of new vehicles.
STAGECOACH founder Brian Souter has given up £250,000 of the bonus he earned last year to support a health screening service for the company's bus drivers.
WITH the promise of cramped seats, stale sandwiches and broken air conditioning, the long-distance coach journey has never been the most comfortable way to travel.
STAGECOACH boss Brian Souter yesterday called on the government to wield any widespread deficit-cutting axe on road-building and rail infrastructure costs to protect areas such as concessionary bus fares.
STAGECOACH and Go-Ahead step into the spotlight with trading updates and results.
STAGECOACH chief executive Brian Souter is likely to be quizzed on whether he remains keen on acquisitions in a consolidating transport sector when the Perth-based group posts its annual results this week.
STAGECOACH dodged a potential £100 million dent in its revenues after a contractual dispute with the UK Department for Transport (DFT) was settled in the group's favour.
STAGECOACH boss Brian Souter has teamed up with the management of a specialist provider to the food and drink industry in a £2 million deal to buy the firm from its parent company.
STAGECOACH boss Brian Souter was yesterday revealed to be part of a consortium of British and Irish investors who have paid £25 million for a majority stake in luxury yacht manufacturer Sunseeker International.
STAGECOACH has rung the bell and called "all change" after unveiling a reshuffle in the driving seats of its Scottish bus companies.