AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

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NI going

1st December 1979
Page 20
Page 20, 1st December 1979 — NI going
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Which of the following most accurately describes the problem?

HE VEHICLE ASSETS of inn-national haulage company hris Hudson International ave been valued at nearly !.5m.

Hudson, which was put into !ceivership in October folwing problems with its :onoframe trailer-production isiness, is being sold as a ling concern. The 500 trailers id 40 units, mostly Scanias, us a number of company rs were valued at £2.487m by e receiver. But around £2m this is accounted for by ttstanding leasing and hires-chase agreements.

Closing date for tenders by tential purchasers was yesrday, Friday.