Ok so why is it rather than Traveline being abolished then ?
Traveline is at least partly funded by the operators. It all comes down to money...
For anyone who's interested, Traveline East Midlands claims to have all national bus routes as well as all national rail & coach routes, which means it should be pretty much a replacement for Transport Direct (and, unlike TD, you can choose bus or coach for connections, which means you can get rid of National Express or their ilk if they show up).
It does still have the standard Traveline fault of wanting you to change buses/trains/mode if the change will get you there a minute earlier, though.
Traveline North East & Cumbria is handy for quick rail searches as it shows headcodes and [WTT] platforming details. It too has its moments; it doesn't understand that Retford HL and Retford LL are bits of the same station, for example. Oh, and for some reason this weekend York didn't exist according to T-NE (it did, I was there!)