Tranport IT sector under the spotlight
The financial foundations of the transport IT sector are under the spotlight again as telematics provider Minorplanet Systems reveals there is doubt over its ability to continue as a going concern. This news follows the collapse of DBS in November 2008 and Causeway's rescue of GlobalLive last week (MT 28 May). Minorplanet has announced a pre-tax loss of £2.5m for the six months to February 2009, compared with a profit of £300,000 in the same period in 2008.
News - Commercial Motor
June 2, 2009
