The Conservative minister beat five other candidates to the post, which included Jack Brereton, Jackie Doyle-Price, Katherine Fletcher, Chris Loder and Karl McCartney.
His appointment was announced by deputy speaker of the house Dame Eleanor Laing on Wednesday (16 November).
The Milton Keynes South MP said: "I am delighted to have been entrusted by the House to chair this vital committee and thank all who supported me.
"I have a real passion for, and experience in, transport issues and I am very much looking forward to working with colleagues on the committee to complete the existing programme of work and establish fresh inquiries.
"I want the committee both to scrutinise and hold to account government, agencies and operators, but also to do important horizon-scanning proactive work into future opportunities and challenges."
He replaces Huw Merriman MP, who was appointed transport minister by prime minister Rishi Sunak.
