Grace's Guide

British Industrial History

Grace's Guide is the leading source of historical information on industry and manufacturing in Britain. This web publication contains 148,095 pages of information and 233,633 images on early companies, their products and the people who designed and built them.

Transport Holding Co

From Graces Guide

Jump to: navigation, search

The Transport Holding Company (THC) was a British Government owned company created by the Transport Act 1962 to administer a range of state-owned transport, travel and engineering companies that were previously managed by the British Transport Commission (BTC)

1963 THC came into existence on 1 January.

There were essentially six areas of activity:

1965 Leyland Motor Corporation acquired a 25 percent stake in Bristol Commercial Vehicles and Eastern Coach Works from the Transport Holding Co; in exchange THC received just under 30 percent of Park Royal Vehicles; the agreement allowed Bristol and Eastern to make products for other customers than their holding companies or other transport boards[1]

1968 The Transport Holding Co acquired British Electric Traction Co's shares in UK bus companies [2]

1969 With the coming into effect of the Transport Act 1968 on 1 January 1969, the THC's road transport and shipping interests passed to the National Bus Co, the National Freight Corporation and the Scottish Transport Group.

Its remaining assets were privatised and the company dissolved in the early 1970s.

See Also


Sources of Information

  1. The Times July 28, 1965
  2. The Times, Jul 05, 1968