Palletline Logistics (Midlands) ceases to trade


 

Palletline Logistics (Midlands) has lost its battle for survival and ceased to trade. The Birmingham-based haulier had entered into a company voluntary arrangement (CVA) last May, after encountering cash flow problems that stemmed from errors in reporting its operating figures to its lenders. Palletline Logistics (Midlands) MD Bob Russett was a founder member of the pallet network that shares a similar name, and its chairman until 2005. Palletline Logistics (Midlands) is a separate legal entity to Palletline Plc, operated under […]