Lex expansion a boost for drivers • Contract drivers can
6th March 1997, Page 10
6th March 1997
Page 10
Page 10, 6th March 1997
— Lex expansion a boost for drivers • Contract drivers can
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expect more work from Lex Services this year after the company announced it plans to extend its contract hire fleet for the second year. The news comes as Lex reports the impact of falling truck registrations on its al makes and Isuzu truck distributorships, as a £2.6m loss. Its other businesses— including car rentals— turned in 22% higher profits, at £51.4m, on a 5%
higher turnover of £1.56bn.
"Our emphasis is to increase the contract hire fleet," a spokesman says, but refused to be drawn on possible cuts in its rental fleet. 'We have to match it to the size of demand," he says. rj Subsidiary Transfleet has just won four contracts for French water company Compagnie Generale des Eaux subsidiaries in the South-East.