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Containerbase to close down

7th December 1985
Page 7
Page 7, 7th December 1985 — Containerbase to close down
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Which of the following most accurately describes the problem?

LIVERPOOL Containerbase will close in the New Year, it was announced last week.

Present throughputs already amount to less than half the cargo capacity, and Containerbase has lost income.

The Freightliner railhead will close soon, and this will result in a substantial loss of sales revenue. "Future traffic projections are extremely disappointing," the company says.

Liverpool Containerbase was opened in 1969 and has had a chequered history in terms of both operation and finance. The closure will mean the loss of 103 jobs, the company says.