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). It came into existence on 1 September 1962, with certain assets of the BTC vested in it on 1 January 1963.
Assets
The THC's assets were very varied, reflecting its role as the manager of those investments that did not fit elsewhere in the post-1962 structure of nationalised transport. There were essentially six areas of activity:
- bus companies, some part-owned with the British Electric Traction Group, later acquired by the THC,
- bus manufacturing companies (Bristol Commercial Vehicles and Eastern Coach Works)
- road haulage companies, e.g. British Road Services (BRS) and Pickfords