Construction hauliers are bracing themselves for the aftershock of Carillion’s high profile collapse this week. The construction giant, which is involved in a host of major contracts including HS2, the Bart’s Square development in London, and the Midland Mainline improvement programme, as well as numerous PFI contracts, went into compulsory liquidation after last ditch talks with the company’s bank lenders collapsed over the weekend. PricewaterhouseCoopers (PwC) has been appointed as special manager to act on behalf of the official receiver […]
Key factors leading to Surfair Global Logistics demise were the owner’s inability to spend “sufficient time” at the business, due to a family bereavement, and an “unexpected trading loss” after inaccurate reporting of the company’s financial position.
Former Pall-Ex and Fortec member Transol Worldwide Logistics has been placed in liquidation after it appointed administrators earlier this year, owing £739,810.
Wincanton has expanded its construction fleet after winning an eight-year contract with Hanson last year, which made it the first 3pl to move into the ready-mixed concrete sector.