All administration articles
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MT ArticleWelsh haulier prepares to call in administrators after 54 years in business
Third generation family-run haulier Sunhill Transport has filed a Notice of Intention (NOI) to appoint an administrator, 54 years after the company was founded.
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MT ArticleOver 40 jobs lost as “operational and financial challenges” take down Northampton haulier
“Operational and financial challenges” forced Northamptonshire haulier Instant Despatch Services (IDS) to close its doors after 25 years of trading, resulting in the loss of 42 jobs, administrators revealed this week.
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MT ArticleYorkshire haulier closed down amid loss of contracts and soaring costs
The collapse of a family-run, East Yorkshire haulage firm was triggered by rising fuel costs and the loss of contracts resulting in more than 20 redundancies, according to its liquidator.
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MT ArticleLoop Logistics calls in the administrators
Northamptonshire logistics firm Instant Despatch Services (IDS), which trades as Loop Logistics, has joined an increasing number of hauliers falling into administration this year.
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MT ArticlePre-pack sale secures future of Hazchem haulier John K Philips
Warrington-based haulier John K Philips has been bought in a pre-pack sale by its directors, just one week after calling in the administrators, in a move that has saved jobs and protected smaller creditors.
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MT ArticleWarrington-based Eagle One Delivery falls into administration
Warrington-based logistics company Eagle One Delivery has called in the administrators, joining a growing list of logistics companies filing insolvency notices this month.
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MT ArticleUK Truck & Plant bought by Wheels in Motion in pre-pack sale
UK Truck and Plant, which specialised in truck repairs and body builds, has been sold to motor repair firm Wheels in Motion, after calling in the administrators earlier this month, following the loss of a major contract.
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MT ArticleNorth Yorkshire heavy haulier GCS Johnson closes its doors after 57 years
North Yorkshire heavy haulage firm GCS Johnson has closed its doors after 57 years of trading.
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MT ArticleBrewdog collapse leaves Aberdeenshire haulier ARR Craib owed almost £1.6m
Three hauliers have been left counting the cost of doing business with Scottish multinational brewery and pub chain Brewdog, which accrued more than £500m of debts before calling in the administrators in March this year.
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MT ArticleDavis-Wright Haulage files notice to appoint administrator
Peterborough-based Davis-Wright Haulage has filed a notice of intention to appoint an administrator (NOI).
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MT ArticleZero Degree Logistics saves 40 jobs rescuing Martyn Barratt Transport from administration
Nottingham-based haulier Martyn Barratt Transport has been sold to Zero Degree Logistics, in a move triggered by spiralling cost pressures and the imminent retirement of the owner.
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MT ArticlePre-pack sale saves jobs at UK Drivers & Logistics Solutions
UK Drivers & Logistics Solutions, which fell into administration following the death of its director last year, has been acquired by R D Transport (Stoke) in a pre-pack sale.
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MT ArticleScale up to survive: Monex boss on why running 50 trucks is now a long haul
The group chief executive of rapidly growing Monex Group said companies that are buying up businesses and consolidating will survive the current turmoil within UK haulage – and it remains on the acquisition trail.
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MT ArticleWakefield operator closes down amid director dispute
A West Yorkshire haulier specialising in recyclable materials collapsed after the relationship between the new owners and its former boss soured to such an extent it led to the loss of business.
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MT ArticleSale of furniture transport firm saves 55 jobs
Furniture delivery firm Grays Transport (Derbyshire) has been sold in a pre-pack deal for £100,000 after it lost work due to harsh trading conditions in the sector.
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MT ArticleRBC Logistics prepares to appoint administrator after takeover deal collapses
RBC Logistics has given notice of its intention (NOI) to appoint an administrator, in a move which follows the collapsed sale of its parent company RBC Group to retail technology provider Bright.Blue.
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MT ArticleStaffs haulier and driver agency for ‘prominent’ distribution firms enters administration
A Stoke-based driver training firm that also offers haulage services has collapsed into administration.
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MT ArticleGarage manager fraud and depot losses drove Welsh haulier to collapse
Freight Movement’s collapse into administration was brought about by financial difficulties caused by significant losses at one of its depots, bad debts and an employee defrauding it.
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MT ArticleCF Booth administrator completes sale of business and assets
The business and assets of CF Booth have been bought by a subsidiary of Yorkshire metal recovery and waste recycling company Ron Hull Jnr, saving 29 jobs.
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MT ArticlePlight of family-run Bedfordshire operator outlined in administrator report
A long-running Luton haulier attempted to continue trading with cash injections from family members before it finally succumbed to administration in November, documents revealed.