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Premium protests
Page 13
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)ublin hauliers plan to take to streets in protest at rising Jrance premiums, following closure of another Irish ilier because of the rocketing of insurance.
Dublin-based groupage speist Con Transport has ised trading after 23 years in business in the face of a I% increase in insurance is over the past two years. firm operated a fleet of 36 3ks and employed 72 people ork and Dubin.
Industry sources say insure companies are leaving no .m to haggle on premium ewals and that Can lsport's final ren offer was nonotiable.
Back in 1997 Con risport managing )ctor Niall Hickey nplained that ousters in the Repc were reluctant to accept the 15% rate rise needed by hauliers as overheads began to soar, Liquidator Michael Butler was appointed at a creditors' meeting; he has already begun auctioning off the fleet.
A Dublin road protest is now being prepared by haulers to highlight the crisis within the industry brought about by insurance premium hikes, but the protest will be confined to the capital.
Outstanding claims can still be lodged to the liquidator at 49 Fitzwilliam Square, Dublin 2; phone, 3534011-661000 36.