Armitage contract
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AN ARMITAGE protectio contract where trailers are on long-term lease has been at flounced in Cologne by Tor Rieger, managing director of T Trailer Rental in the UK. Th involves the introduction of clause into TIP agreemen1 whereby an operator can swItt to new higher-weight vehich part way through a contract Armitage is implemented.
Companies were, he said, d ferring purchases of ne vehicles and were turning renting in the short term un the uncertainty ended. Thu were finding it very difficult specify vehicles in the light the present uncertainty ov future weight limits.
Tony Rieger was speaking the opening of TIP's 50th branc The company currently has ov 14,000 trailers in Europe an according to an estimate of Ji Cleary TIP's vice-president au managing director in Euro; has 20-25 per cent of the marke The company's branch no work now covers 11 countries Europe and it is looking to e tending its activities into oth territories. In the next s months the company will be e pending its network with 0th new branches in Germany Stuttgart and Hanover and Saltzburg in Austria.
A further branch is also to established in Denmark and pansion of the company's sal organisations in Norway a Finland is also planned.
Recently the company European operation was reorc nised into four divisions and J Harrison, formerly of Trai (UK) and York Trailer Co, 1been appointed as managi director to look after the skele trailer side of the business. T other three divisions compr TIP Northern Europe, based Holland, TIP Southern Eurbl based in France, and the operation.