The Transport Act 1947 nationalised virtually all British transport, including the railways, waterways, and road haulage. These were transferred to a newly-created operating body, the British Transport Commission (BTC). The British Transport Commission began operations on 1st January 1948, under Chairman Sir (later Lord) Cyril Hurcomb. At this time, the British Transport Commission acquired the “Big Four” grouped railways, with virtually all minor railways as well, together with the London Passenger Transport Board. This automatically transferred the assets of the rail companies to BTC, including ships, ports, hotels, and investments in bus, coach, and haulage companies. Two bus companies, Tilling and Scottish Motor Traction, were soon added, as well as long-distance road hauliers. The Transport Act charged the British Transport Commission with the task of charged with “integrating” various forms of transport into single public service. The British Transport Commission did not directly operate transport services. Operations were delegated to five separately appointed executives: Docks and Inland Waterways, Hotels, London Transport, Road Transport, and Railways. The Railways Executive operated under the name British Railways. In 1949, the Road Transport Executive was divided into two separate executives: Road Haulage and Road Passenger. The Commission exercised financial control over these Executives, and managed them through schemes of delegation. The Commission attempted to fulfil its statutory duty to “integrate” public transport by introducing Area Schemes. These were designed to establish regional monopolies for road passenger transport, ports, and harbours. “Integration” was also to be promoted through Charges Schemes, in which the true costs of different modes of transport were to be reflected in the charges. This was designed to attract traffic to the most economic and efficient mode of transport. The structure of Executives was dramatically altered by the Transport Act 1953, which abolished all Executives, with the exception of London Transport. Responsibility for the operation and maintenance of transport systems was delegated to the chief regional managers. The railways were reorganised into a system of area boards for each of its six regions. In September 1953, Sir Brian Robertson became Chairman. Disposal of the haulage fleet also began at this time, but a lack of buyers made this difficult. Rising costs, industrial action and competition from road traffic meant that the British Transport Commission was in financial trouble by 1955. It sought relief from this by publishing The Modernisation and Re-equipment of British Railways, a plan which proposed an investment in the railways of £1,240m over fifteen years. The main features of this plan were the replacement of steam with electric and diesel traction, the electrification of principle routes, and the introduction of new coaching stock. Despite the modernisation plan, the financial position of the British Transport Commission worsened. Two government reviews, in 1956 and 1959, concluded that the Commission was unwieldy and had an insufficiently commercial outlook. Sir Brian Robertson retired in May 1961, and was replaced by Dr Richard Beeching. The BTC was abolished by the Transport Act 1962. It was replaced with five new authorities that were answerable to the Minister of Transport: the British Railways Board, the British Transport Docks Board, the British Waterways Board, the London Transport Board, and the Transport Holding Company. Dr Beeching became chair of the British Railways Board.

The Coal Industry Nationalisation Act 1946 provided for the complete nationalisation of the coal industry and on 12 July 1946 established the National Coal Board (NCB). This body, appointed on 15 July 1946, was made solely responsible for managing the industry and running it on business lines, except that the Minister of Fuel and Power, after consulting with the board, might give it directions of a general character. The minister appointed the members of the board, numbering nine in 1946, raised to a maximum of eleven of which eight should be full-time in 1949 and to a maximum of fourteen in 1973, and he presented the NCB's reports to Parliament. In October 1969 these general powers passed to the Ministry of Technology, in October 1970 to the Department of Trade and Industry, and in January 1974 to the Department of Energy. The eight departments of the National Coal Board headquarters - Production, Marketing, Finance, Labour Relations, Manpower and Welfare, Scientific, Legal and Secretary's - made up the National Board and formed the top tier of a four tier system. At the lowest level were the coalfields (each colliery had its own manager) which were divided into 48 geographical areas under the control of an area manager. The areas were grouped into 8 geographical divisions under a divisional board which reported to the National Board. On the vesting date, 1 January 1947, the productive assets of the 800 or more private colliery undertakings and the service contracts of their employees were transferred to the National Coal Board, as were the coal deposits and other assets of the Coal Commission and the functions and staff of the district selling schemes. Subsequently the board acquired other responsibilities, notably that for the coal survey from the Department of Scientific and Industrial Research in August 1947, and that for miners' hostels from the Ministry of Labour and National Service in the same year. In 1951 it took over some of the functions of the Miners' Welfare Commission, and in April 1952 it acquired responsibility for opencast coal mining from the Ministry of Fuel and Power. In 1973 it formed two holding companies, NCB (Coal Products) Ltd. and NCB (Ancillaries) Ltd. to handle two major aspects of its work not directly related to deep and opencast mining. The Coal Industry Act 1977 gave the board new powers in respect of the acquisition, treatment and sale of petroleum and of working minerals other than coal or petroleum which were discovered in the course of prospecting for or working coal and petroleum. The NCB was headed by a chairman and deputy chairman; each of the other members took charge of an executive department or research establishment. The main functions of the board as a whole were to decide and set objectives for the industry, to lay down policy directives and the limits within which management must work, to hold management to account and to provide for the future by means of research and development, and the recruitment and training of staff. It was also responsible for promoting the safety, health and welfare of employees. Many of these functions were exercised at the area and colliery level, a chain of command which replaced the previous five-tier system in 1967. The board itself continued to settle national policy, conduct national negotiations, obtain capital and provide common services such as scientific research. Before 1967 the divisional boards also exercised wide discretion in the forming of policy and applying it at area and colliery level. The headquarters departments advised the board on general policy and objectives, provided information and executed policy, and they also operated certain national services, including central workshops and the rescue service; and regional services in non-coalfield areas. On 1 January 1987, the NCB became the British Coal Corporation, which was wound up in 1997.

The North British Locomotive Co Ltd was formed by the merger the 'big three' Glasgow locomotive builders (Sharp Stewart & Co, Neilson, Reid & Co and Dubs & Co) in 1903 as a result of increased competition both at home and from abroad. The new company claimed to be the largest manufacturers of locomotives anywhere outside America and was prompted by the ever increasing annual production by the Baldwin Locomotive Company in Philadelphia, USA, which had recently made incursions into the domestic UK market and in India, which the British locomotive industry had considered to be its own special preserve. It was believed that the rivalries and competition between the three companies operating individually within Glasgow had already produced significant technological advances which, in the new North British Locomotive Company would combine to make a single powerful and well equipped company, ready to dominate the market and take on competition, particularly from America. The new company never managed to operate at its capacity of 700 locomotives per year, producing a maximum of 573 in 1905. These numbers were maintained through to 1909 when production numbers began to fall rapidly. During the First World War North British Locomotive Company made locomotives for the War Department, as well as munitions and other military equipment, which were produced in vast quantities to meet the high demand. However, between the two World Wars, while orders were still being received, particularly from domestic railway companies, the fluctuation of demand meant that the company ran into some difficulty. As a result, employee numbers were significantly reduced, and manufacturing was concentrated at Queens Park and Hyde Park works. The last locomotive orders were completed at the Atlas Works in 1923. The Great Depression from 1929 saw the decline in demand for locomotives worldwide, with none built at all in 1932, and by the end of the 1930s, locomotive production at the North British Locomotive Company was operating at a loss. At the outbreak of the Second World War the company concentrated once more on war work, supplying both locomotives for the Ministry of Supply and munitions for the war effort. After World War II there was something of a revival in locomotive manufacturing, with orders being received and agreements being reached to build diesel & electric locomotives with the General Electric Company. This upturn in fortune was not to last however, as the North British Locomotive Company failed to make the successful transition from steam to diesel locomotive production. In 1957, the last order for steam locomotives was placed with the company and the last steam locomotive was completed in 1958. Although the company were making small industrial diesel locomotives, and received some early main line diesel orders from British Railways, the orders were never big enough to maintain the company. Other locomotive manufacturers, who had acted swiftly in transferring from steam to diesel and electric production, were becoming more successful. The company went into liquidation on 19 April 1962 with Messers Andrew Barclay Sons & Co (Kilmarnock, Ayrshire, Scotland) acquiring the North British Locomotive Company's goodwill.