All administration articles – Page 3
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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.
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MT ArticleWelsh haulier acquired by Monex following collapse into administration
A Newport-headquartered haulage company trading since 1998 entered administration and was then snapped up by Monex Distribution, in a deal that saved 61 jobs.
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MT ArticleDrac Logistics files second notice of intent to appoint administrator
Staffordshire logistics firm Drac Logistics has filed a notice of intention (NOI) to appoint an administrator for the second time in two weeks.
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MT ArticleWest Yorkshire haulier latest to fall into administration
Wakefield operator C&L Transport Services has entered administration after a creditor attempted to wind up the business.
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MT ArticleSale of South Yorkshire recycling firm ‘ongoing’
Administrators handling the affairs of Booth Transport said it was in the process of pursuing a sale of the business and had received “a range of bids” for the Rotherham haulier.
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MT ArticleGrays Transport (Derbyshire) fights for future after loss of major contracts
Ripley-based family firm Grays Transport (Derbyshire), which specialises in furniture delivery, has filed a notice of intention to appoint administrators, following the loss of major contracts due to key customers falling into administration.
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MT ArticleWJ Bennett & Son calls in administrators
Hampshire-based family haulage firm WJ Bennet & Son has fallen into administration.
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MT ArticleNotts haulage firm lodges intention to appoint administrator
A Nottingham-based haulage firm established more than 40 years ago has filed an intention to appoint administrators.
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MT ArticleSouth Molton Transport’s financial struggles outlined in report
A Devon haulier’s collapse into administration has been blamed on spiralling fuel prices, high financing costs and loans, as well as a VAT error in its accounts that added £280,000 to its debts.
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MT ArticleHMRC attempting to wind up Scottish transport and storage firm
One of Glasgow’s leading removals and storage companies has had a petition to wind up operations served on it, putting at risk nearly 20 jobs.
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MT ArticleTenants vacating premises precipitated Circle’s pre-pack sale
Circle Express was on the verge of becoming profitable following a major restructure when two of its business tenants announced they were moving out, making operations unsustainable according to its administrator.
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MT ArticleFigures suggest haulage insolvencies have peaked
The number of insolvencies in freight transport may have already peaked, according to estimated official figures for the sector.
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MT ArticleYorkshire scrap metal recycler and haulier in administration
One of the largest independent metal recycling companies in Europe and its transport arm have plunged into administration with the loss of more than 100 jobs.