Warwickshire temperature-controlled transport firm Bedworth Haulage has been sold in a pre-pack deal, saving 21 jobs. Administrators from Quantuma were appointed to the haulier on 25 January and a sale to C4 Safety in the midlands was negotiated shortly after. Andrew Watling, partner at Quantuma, said: “The business was overcome by the weight of historic debt and a number of recent unprofitable contracts. “We were able to achieve a sale to C4 Safety Ltd and save 21 jobs, with no […]
Petition demanding investigation into Palmer & Harvey collapse attracts 8,600 signatures in two days
A petition demanding an investigation into the demise of own-account wholesale operator Palmer Harvey & McLane (P&H) has raised more than 8,600 signatures in two days.
More than one-third of transport and haulage businesses in the UK are at risk of collapse, according to insolvency trade body R3.