International Academy Future View Case Studies Reports & Publications Home About Us Markets Solutions Working at TRL News Hub Contact Us You are currently in: Home > About Us > Corporate Governance Section Links Our Vision and Strategy Corporate Governance Board Members Audited Service Excellence Company Reports and Accounts Key Facts Key Clients and Partners Our History Awards Where to Find Us Online Store Corporate Governance Originally established in 1933 as part of the UK government, TRL privatised in 1996 to become a fully independent private company. TRL is wholly owned by the Transport Research Foundation (TRF), an independent non-profit-distributing foundation, limited by guarantee and with no shareholders. Social Channels TRF receives income from its investment in TRL, the Transport Research Laboratory, a proportion of which is reinvested in scientific research within the transportation field. TRF has been granted Scientific Research status since its inception in 1996. The Foundation is comprised of over 80 members drawn from universities, transport industry, engineering consultants, government organisations and elected internal staff. The Foundation’s Board has three Executive Directors, three external Non-Executive Directors and an employee appointed Director. The Board meets at least 9 times a year to review business performance. The three Non-Executive Directors form both the audit and remuneration committees of the Foundation. The audit committee meets at least once a year to review and monitor such matters and the group’s external financial reporting process and audit activities. The remuneration committee meets at least once a year to decide all the elements of the remuneration and benefits of the Executive Directors. Appia Infrastructure Solutions Limited TRL acquired the full shareholding of Appia Infrastructure Solutions Limited (Appia UK) in March 2013. The new company is known as TRL Appia and provide consultancy and software to support the management of highways infrastructure assets. TRL Appia specialises in the delivery of advanced asset management tools and services and has developed their Scheme Engineer asset management software into a new suite of asset management solutions – iROADS. Transport & Travel Research Limited TRL acquired Transport & Travel Research Ltd (TTR) in April 2014, making it a wholly owned subsidiary of TRL. TRL had been a minority shareholder in TTR since 2010. TTR specialises in transport policy research, working with clients to understand the impact of innovative transport policies and measures on travel behaviour and attitudes, energy consumption, the environment and social issues. TTR and TRL work closely together on a number of areas including freight, smarter choices, air quality and low carbon vehicles, travel information systems and joint working in Europe. TRL and Transport Research Laboratory are trading names of TRL Limited, registered in England No. 3142272. Registered Office: Crowthorne House, Nine Mile Ride, Wokingham, Berkshire, RG40 3GA, United Kingdom. VAT Number: 664625321. About Us Our Vision and Strategy Corporate Governance Key Facts Key Clients and Partners Our History Where to Find Us Markets Road Rail Automotive Cycling and Walking Legal Defence and Security Solutions Safety Attitudes & Behaviour Road & Rail Infrastructure Asset Management Sustainability Intelligent Transport Systems Transport Futures Testing & Certification Software News Hub Transport News Transport Events Diary Video Newsroom TRL Newsletter Media Contacts RSS Feeds Site MapTerms & ConditionsAccessibilityPrivacy Policy TRL Registered Office: Crowthorne House, Nine Mile Ride, Wokingham, Berks, UK, RG40 3GA. Registered in England, No. 3142272, VAT Registration 664 625 321 © Copyright 2021 TRL. All rights reserved.