CTS Midlands to close down after 50 years in the business
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• A Tamworth bulk haulier and container operator is closing its transport operation with the loss of 28 driving jobs.
When CTS Midlands closes its Birch Coppice Brickworksbased transport operation in late June it will signal an end to the company's 50-year connection with Tamworth.
CTS, which had a major contract with Russell Davies, runs a fleet of 30 Mercedes-Benz trucks. It used to be a major distributor for British Coal.
The company blames spiralling fuel costs and increased competition. It says benefits from the recent fuel price wars were never passed onto the transport sector, with CTS's bulk diesel bill rising 7.5p/lit over the past year.
David Malone, CTS director and general manager, says: "Over the past few years business has deteriorated and profits have been hit. It's got to the situation where unless you run more than 200 vehicles you stand little chance of success." The CTS workshop, also at Birch Coppice, will remain open—it is expected to be leased to a major Midlands-based vehicle distributor.