Difficulties at Peak Last• Year
31st May 1957, Page 65
31st May 1957
Page 65
Page 65, 31st May 1957
— Difficulties at Peak Last• Year
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" T CANNOT remember a year when
I our difficulties were greater," stated Mr. W. T. lames. chairman of the South Wales Transport Co., Ltd., in his annual report last week. Progress continued to be made, however, and stagecarriage mileage rose by 300,000 from the total for the previous year to over 14.25m.
'Suez" fares increases were withdrawn last week hut there remained additional fuel costs which in a full year would add £25,000 to costs. It might be necessary to seek permission to raise fares..
During the year under review, the company bought 21 double-deck buses and eight touring coaches at a cost of f133.000. Estimated expenditure for the current year was placed at 1100,000 for the purchase of 20 new doubledeckers.