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Cummins losses

14th February 1991
Page 14
Page 14, 14th February 1991 — Cummins losses
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Which of the following most accurately describes the problem?

• US engine giant Cummins has reported $137.7m (269.9in) losses for 1990, and it is laying off 600 workers at its Shotts and Darlington plants.

Parcel deal

• Royal Mail Parcelforce has ordered 50 tractive units from Seddon Atkinson to move parcels between regional sorting offices.

Many francs

• Renault Truck Industries has agreed on a 9% pay rise for shop floor workers and a 217-a-week increase for office staff.

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