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Hill seeks buyer

3rd January 1991
Page 8
Page 8, 3rd January 1991 — Hill seeks buyer
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Which of the following most accurately describes the problem?

• Bulk haulier RH Hill, which went into liquidation last month, is looking for a buyer for its site at Fledborough, Nottinghamshire, which is licenced for 18 vehicles.

The 10-year-old firm was recently forced to make six drivers and trucks redundant.

Founder Richard Hill blames the company's failure on rate cutting by competitors over the past two years. He says haulage rates would have to double, for him to consider going back into the industry.

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