P G holding its own HE JTRANSPORT Developlent Group, one of
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the largest riv te road transport corn • anies in the country, staged a Iramatic recovery" after the anuary haulage drivers' :rike to produce respectable gures for the first half of the ear.
Pre-tax profits totalled 9.56m for the period to June D 1979, just slightly down on ist year's equivalent figure of 9.80m.
Chairman and managing irector James Duncan ointed out that the January Ake meant that TDG was lowing a loss until the end of ebruary. So the half-year raft had really been prouced in the latter four ionths only, showing what an be achieved when "serices are under pressure".
Road haulage was once gain the brightest jewel in the DC crown, earning 47 per ent of the group's profits. torage came a close second rith 39 per cent.
TDG reports that the second alf of the year has opened well, but says that current economic forecasts indicate that the recent outstanding performance is unlikely to continue at quite the same level.