Tactical Storage Cuts Long Hauls .
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FFICIENCY in distribution would hinge upon . goods and 'materials being held in stores as close tO the consumer as possible, Mr. L. Gibson-Hughes told a meeting of the NationaL.Association of Warehousekeepers at Bristol on Wednesday. Road and railroutes could not be improved quickly and pressure on them could. be, relieved only by •tactical storage to shorten the lines of distribution. Buffer. depots enabled the longest. hauls to be made in bulk at attractive rates and without too•. great. a degree of urgency. They ensured that the goods were field relatively near their final -destination, permitting speedier service to customers. and a reduction in the more expensive smalls mileage.
The tendency towards the creation of networks of depots would cause an increasing demand • for the services of warehousekeepers, who must, however, keep a wary eye on the fluctuations to which the business was pa Ocularly prone.
NO RISE IN H.P. RATES
F1-IE 18 full members of the Finance Houses Association have decided not to raise their, recommended maximum rates of interest on hire-purchase business in motor vehicles, despite the increase in the Bank Rate to 5 per cent. The maximum figure of 7+ per cent, is likely to become the standard rate of interest where. new vehicles are concerned, although recently 7' per cent, has been general.
The number of hire-purchase contracts for commercial vehicles in the last quartet of 1959 was 16 per cent, higher than the corresponding returns in 1958. The details are as follow:— • TAXI OWNER FINED FOR USING II-SEATER
AT Preston magistrates court last week, Thomas Ronald Unsworth, Duddle Lane, Walton-le-Dale, Lanes, taxi proprietor, was fined £10 for using an 11-seat coach as an express carriage -without a road service licence.
It was stated that when the coach was followed a number of persons was seen to get off at various parts of the town. All had paid fares in excess of 1s.
The driver of the vehicle, Geoffrey Johnson, Gisburn Road, Preston, was fined a total of £9 after, admitting that he failed to display lights inside the coach, and to display a public service vehicle badge. He also admitted that he was smoking in a vehicle that carried passengers.
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