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TRANSIT CEASED PUBLICATION IN JUNE 2010

Veolia drops Vale of Glamorgan contracts for financial reasons

24 August 2007
Veolia dropping contracts due to low margins
Veolia dropping contracts due to low margins

 

by rhodri clark

Veolia Transport has announced it will surrender numerous contracts in the Vale of Glamorgan prematurely and deregister a commercial bus service in October.

The contracts were awarded to Shamrock Travel subsidiary Thomas Motors and passed to Veolia when it bought Shamrock last year. Charles Lewis, managing director of Veolia Transport Cymru, told Transit the low margins in the contract prices were not apparent to Veolia before it made the acquisition. Wages had been increased...

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