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Last two ATH firms close

5th March 1992, Page 11
5th March 1992
Page 11
Page 11, 5th March 1992 — Last two ATH firms close
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Which of the following most accurately describes the problem?

• Allied Transport Holdings, the haulage group owned by Midlands property developer David Unwin, is closing its last and best-known companies.

The Renwicks Freight companies at Exeter and Wanstrow, Somerset closed at the end of last week and the largest of the three, Willenhall-based Renwicks Freight (Midlands), will shut at the end of March when it loses a substantial contract with Rank Xerox.

For many years Rank Xerox has used the firm's multi-user service for deliveries of paper and other products in the Mid lands and the North on an "evergreen" contract. Now the work is going to Rhys Davies of Cardiff on a three-year contract.

"The depot personnel at Renwicks are thought of very highly within Rank Xerox," says Chris Lofting, materials manager for the Xerox office supplies division.

Unwin started building ATH in the mid-1980s with the promise of a long-term commitment to the haulage market but the company is believed to have been hit by a high level of leasing and difficulties at Unwin's property interests.

ATH shut Glyn John Transport, Cardiff during Lance Anderson's brief reign as chief executive — he now runs Speedwell Transport of Crewe. Last autumn it shut M&T Haulage, Reading, and APT Haulage, Slough. Last month Harline Transport, Southampton closed; its trucks were sold at a site auction.