State Road Haulage Costs £3m. a Year
20th July 1951, Page 39
20th July 1951
Page 39
Page 39, 20th July 1951
— State Road Haulage Costs £3m. a Year
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Keywords :
Monopoly, Nationalization, Haulage, Road Haulage Association, National Freight Corporation
" MATIONALIZED road haulage has 1 11 not taken very long to get into the Ted," said Mr. R. B. Brittain, chairman of the Road Haulage Association's public relations committee, at a meeting at Cambridge, last week. "For 1950 it has," he said, "chalked up a deficit of over flm., a decline of not less than £2m. on the results of 1949. When the payment of interest on compensation is taken into account, it will be realized that the nationalization of road haulage is now costing Om. a year,
" All road haulage, both under free enterprise and nationalized, was working at peak pressure during 1950. If British Road Services cannot show a profit under these conditions, when will they be in a position to do so?"