Aber Carriers Awarded £37,060
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AMULTIPLIER of 4] was fixed by the Transport Arbitration Tribunal in London on Monday when they assessed compensation to be paid by the British Transport Commission to Aber Carriers, Ltd., Salop Road, Welshpool. The Commission had held that 34 was a reasonable multiplier and the company claimed the maximum of five,
The Tribunal said that they regarded the business as exceptionally well organized and should qualify for a high ratio of compensation to average net annual profit. They awarded £37,060 compensation. The business was taken over by the Commission in January, 1949.
In the course of their reserved judgment, the Tribunal stated: "There can be no doubt that the growth and efficiency of the applicant company's business was in great measure due to the ability of Mr. Jenkyn Jones [managing director]. He was not bound to the company by any contract of service and had not a large shareholding, but the business was largely his creation and we do not rate very high the possibility of his leaving it."
Mr. Jones continued to act as manager of the Welshpool depot of British Road Services.
The Tribunal suggested that if free competition had continued in road haulage "it was not beyond the bounds of .possibility that Mr. Jones might have been enticed away by an attractive offer from some larger concern. His ieparture might have had some adverse effect upon the business, but very few )ersons can truly be regarded as ndispensable or irreplaceable."
In their decision, the Tribunal noted hat profits increased during the three 'ears for which the calculations were ^lade and set a figure of £4,181 as the mount of the average net annual rofit, IEW BEDFORD 30-CWT. CHASSIS PING the Bedford 20-25-cwt. chassis as the basis, Vauxhall Motors, Ltd., item, have introduced a 30-cwt. assis. The new model has heavier rings and 9.00-16.8-ply tyres.
The specification of both models :lodes a six-cylindcred petrol engine ting 75.9 b.h.p. at 3,200 r.p.m., foureed synchromesh gearbox and spiralvet rear axle. Details of all Bedford idels are given in a new catalogue t published.
iITED CARRIERS REGISTERED rITH a capital of £100 in £1 shares, United Carriers, Ltd., successor to Meat Transport Organisation, Ltd., been registered. The subscribers, Is with one share, are Mr. Sidney A. vton, Mr. Edward T. Grubb and Henry J. K. Burne, solicitors, of leigh House, Lawrence Lane, don, E.C.2. The first directors are named. The registered office is Kelvin House, Lower Belgrave Street, London, S.W.1, the head office of M.T.O.L.
[Other new transport companies are listed on page 660.] TIGHTER COA L-DELI VERY REGULATIONS?
I T should be an offence for a coal delivery vehicle to carry a number of bags of coal different from that shown on the consignment note covering the load, Bradford Weights and Measures Department has suggested.
Mr. W. J. Owen, chief inspector of weights and measures, has stated that a check over a limited period showed that there were 109 spare bags of coal on 30 vehicles. "The carters themselves offered no explanation, and no legal action could be taken unless fraudulent purpose could be shown," he said.
MORE TRANSPORT ACCIDENTS IN WORKS
THE only groups of industrial accident to show increased figures for 1952 were those concerning railways and other vehicles, says the 1952 Report of the Chief Inspector of Factories (Stationery Office, 6s. 6d.).
There were 6,333 accidents connected with the use of mechanically propelled vehicles in factories in 1952, compared with 1,369 in 1937. The causes were much the -same as those of road accidents—careless driving by trained drivers, unskilled driving, lack of maintenance of vehicles, badly secured loads, unsuitable terrain and negligence by third parties.
ON WITH CRUSH-LOADERS SOUTHAMPTON is persevering with 1---) the use of crush-load single-deckers. The transport committee have accepted the tender of Park Royal Vehicles, Ltd., for another six bodies to seat 36 passengers and having room for a large number standing.
THE annual dinner of the Public Transport Association will be held at Grosvenor House, Park Lane, London, W.1, on November 11. It is expected that Mr. A. T. Lennox-Boyd, Minister of Transport, will be the principal guest.