Stobart Rail & Civils is to move its head office to Carlisle Lake District Airport, the infrastructure business has announced.
The Department for Transport has provisionally approved proposals for electric trains to run on the 10-mile route connecting Oxenholme Lake District station on the West Coast Mainline with Windermere station.
Stobart Group has reported a strong performance across the group despite a challenging market for transport within its interim results for the six months to September.
The Highways Agency is carrying out overnight work to resurface the carriageway and repair potholes along five different sections of the A590 in Cumbria in August.
Transport Minister Norman Baker has confirmed £11.17m will be put towards a replacement bridge to be built over the River Derwent at Workington in Cumbria.
Stobart said revenue from continuing operations had increased by 11.8% to £500.4m for the 12 months ended 28 February 2011.