Threat of Fierce Competition
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AT the annual dinner of the Northern Section of the Institute of Transport. at Newcastle upon Tyne, the Institute president, Mr. K. W. C. Grand, said that the Government's White Paper on the future of nationalized transport Could lead to an era of fierce competition.
Under the proposals, enterprises within the British Transport Commission would not only be competing with other forms of transport by road, air and sea, but also with each other. These proposals were causing concern to the Institute of Transport.
Whatever proposals were approved by Parliament, the redistribution among various new statutory bodies of the present Commission would involve a formidable administrative exercise. They hoped that afterwards, however, the nationalized sector of the transport industry would be able to enjoy a long period of stability and ordered development.
Wasteful competition in the transport industry produced more services than were necessary.