TNT endorse Tanfield electric lorries

For those of you who are follwing the Tanfield Group section of the blog, just in case you didn't notice that my anonymous contributor had added this into the comment section, I've pulled it up to a new blog as it's well worth a watch.

TNT have been trialing 2 electric lorries from Tanfield and state in the news reel that normally a truck would cost £110 per week in deisel fuel but these cost £25 per week to run and they don't incur congestion charge.

At the end of the reel it says that TNT are considering putting in an order for 200 of these. I reckon the rise so far in this share is not at an end, so if like me you are watching instead of purchasing.......maybe we should make a move before we miss out as a large order like that from TNT should surely wake up other companies to the benefits of London deliveries by electric vans/lorries.

http://news.bbc.co.uk/player/nol/newsid_6200000/newsid_6201300/6201393.stm?bw=bb&mp=wm


UPDATE ADDED ....... the article is from December so perhaps already priced into the shares.however if you go to the TNT website and read this link, then I think you can assume that one order would lead to more looking at their concerns over being 'green across europe'

http://www.tnt.com/country/en_gb/about/pressoffice/news/news_from_2006/22122006b.html

and an extract from this article suggests 3000 vehicles could be ordered.

http://www.thisisthenortheast.co.uk/business/news/display.var.1058423.0.tnt_trial_to_trigger_explosive_growth.php
The Tanfield spokesman said: "If they did decide to roll it out across the board, potentially that would be an order of about 3,000 vehicles.
"Undoubtedly, if we got such an order, there would be a significant impact on the size of our workforce. Even as it stands, this will have a really big impact on the North-East."