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Express sale set for Dip approval

10th March 1988, Page 22
10th March 1988
Page 22
Page 22, 10th March 1988 — Express sale set for Dip approval
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Which of the following most accurately describes the problem?

• The sale of National Express to its management is due to be approved by the Department of Transport this week.

There had been reports of interest from parcels grant TNT which is already involved with National Express in the carriage of parcels under the Sameday Extra Rush banner.

Parcels are carried door-todoor nationwide by National Express coaches on their intercity trunking runs.

The company says that its coaches run some 130 million kilometres a year carrying 15 million passengers.

A spokesman for NBC said that only eight companies: Crosville, North Western, London Country North East, Kentish Bus, North Devon, Southern National, National Travelworld and Victoria Coach Station remained to be sold. All sales were expected to be completed by the end of the month. Victoria has already been earmarked by London Regional Transport.