More Hauliers Out of Business
Page 41
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MORE hauliers are going bankrupt. This is shown in an analysis of failures both in bankruptcy and deeds of arrangement which appears in the General Annual Report on Bankruptcy for 1959.
It reveals that, although the pattern of failures in the principal trades and professions broadly follows that for 1958, there has been a marked increase in the number of failures in certain trades, of which road haulage is an example. The number of failures in road haulage rose from 38 in 1958 to 63 last year, an increase of 71 per cent.
A prominent group transport manager stated at a conference held last week by the British Institute of Management (see pages 550-551) that one could now buy trunk haulage in full loads more cheaply than a few years ago. He doubted whether this state could continue much longer.
GRANT FOR MORE PLASTICS
TW0 Bishop Auckland hauliers were granted licences for additional vehicles to cope with increased output of plastics materials from the Ayelifte factory of Bakelite, Ltd., by Mr. J. A. T. Hanlon, Northern Licensing Authority, at Darlington last week.
Davisons Transport, Ltd., were granted three 31-ton articulated vehicles against their application for four vehicles, and Mr. C. W. Wardle was granted a licence for a six-wheeled vehicle. The applications were opposed by British Railways on the ground that there was no real need for increased tonnage.
ANOTHER SUSPENSION INQUIRY
AN inquiry to consider whether to suspend or revoke the licence of Ash and Co. (Transport), Ltd., will be held by the Metropolitan Licensing Authority at Romney House, Marsham Street, London, S.W.I, on June 7. Section 9(4) of the Transport Act, 1953, which deals with statements of intent, will be quoted