Over the next few decades Fukushima Electric Railway added and expanded multiple bus routes throughout the area.

In addition to the other two pillars, Radio Fukushima and The Fukkushima Minpo newspaper, the group had its hands in various other ventures, such as real estate, transport, breweries, the Nasu Royal Center (那須ロイアルセンター) amusement park, and a ranch.

Entering into 2008, the company began considerations into filing for bankruptcy protection, however this was put off following a 160 million yen subsidy from the national and prefectural governments.

[1] The following year restructuring plans were agreed upon with Industrial Growth Platform, Inc (株式会社経営共倉基盤, Kabushiki-gaisha Keiei Kyōsō Kiban), and Fukushima Transportation became a fully owned subsidiary of Michinori Holdings (みちのりホールディングス), a holding company owned by Industrial Growth Platform.

Beginning 2017, a number of former Tokyu 1000 series cars were resold to Fukushima Transportation for use on the Iizaka Line.

Furthermore, it runs lines that connect Fukushima and Kōriyama to Koshigaya, Sendai, Tokyo, Narita, Niigata, Nagoya, Kyoto and Osaka.

Fukushima Transportation formerly owned and operated buses solely made by the Mitsubishi Fuso Truck and Bus Corporation.