Unsecured creditors of failed Hull-based haulier AR Lunn Transport & Warehousing have received just 4% of the money owed to them, the firm’s administrators have revealed. In its final progress report covering the six months to 28 February, PricewaterhouseCoopers said it had paid just over £76,500 to unsecured creditors of the firm, which entered administration in early 2012 blaming rising fuel prices and other operating costs. That sum represented a first and final dividend of 3.99 pence in the pound. […]
UK Pallets is to close, after parent company UK Mail pulled the plug following years of poor profitability. The closure will cost UK Mail £1m, plus asset write-downs of £2m.
Widdowson Logistics, part of the Davis Haulage Group, has entered administration once again.
Skills for Logistics (SfL) has officially entered creditors’ voluntary liquidation.