Creditors of collapsed parcel firm City Link are likely to receive just 1p for every pound they are owed, according to the company’s administrator. In its latest progress report, administrator Ernst & Young (EY) revised […]
MT Top 100 company Deben Transport has ceased trading, with an administrator expected to be appointed later today.
City Link is investing in automated sortation at its Coventry hub, which it hopes will increase throughput by 50% and increase capacity for busy periods.
City Link parent Better Capital has revealed it will inject more money into the the parcel carrier in a bid to turn the loss-making business around.