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Truckit 247 loses O-licence appeal over financial standing

  • 13 March 2012
  • By Roger Brown

Reading-based haulier Truckit 247, which had its O-licence revoked for failing to show the traffic commissioner (TC) it had sufficent financial standing, has lost its appeal against the decision.

Upper tribunal Judge Hugh Carlisle upheld the November 2011 decision of Sarah Bell, TC for the Western traffic area, when she took away the firm’s licence for one vehicle and one trailer.

The company was granted an O-licence in April 2010, subject to it providing three months’ bank statements showing that it had access to £8,100 by October 2010.

However, statements provided by Truckit 247 in December 2010 did not show access to the required amount. 

Then, in June 2011, the office of the TC requested original bank statements from March to June 2011.

When they arrived at the TC’s office in July it was found that the average balance over the three-month period was £6,690, not the £8,100 required.

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Article source: http://www.commercialmotor.com:80/latest-news/truckit-247-loses-o-licence-appeal-over-financial-standing