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Philips spreads tanker order

4th October 1990, Page 14
4th October 1990
Page 14
Page 14, 4th October 1990 — Philips spreads tanker order
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Which of the following most accurately describes the problem?

• Philips Petroleum has awarded a distribution contract to four tanker companies, thought to be worth around £500,000 to each distributor.

Imperial Tankers is putting two vehicles on the contract, with up to four more available on a spot-hire basis. Imperial's managing director John Robinson said his company had "put in for a contract for a significant number of vehicles but they decided to spread it around, so we only got a bit of the cake".

P&O Roadtankers is running four tankers for Philips and has picked up work at the Bromsgrove depot, involving a further four vehicles.

Sadlers and Stillers are believed to be the other two companies involved in the deal.