All administration articles – Page 4
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Administrator report spells out reasons behind AAD Transport’s demise
AAD Transport entered administration after HMRC presented a winding up petition for an unpaid VAT bill of £2.2m, a report to creditors has revealed.
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Harlow’s Hoddesdon Distribution in administration
Hoddesdon Distribution, which runs more than 20 trucks out of its Harlow operating centre, has entered administration.
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L&M Transport (UK)’s demise prompted by pandemic’s impact
Immingham’s L&M Transport (UK) had traded successfully for more than 13 years before falling victim to the Covid pandemic, according to a creditor’s report.
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CC & RJ Emerson joins growing list of hauliers in administration
Leicestershire firm CC & RJ Emerson has called in the administrators, adding to the growing list of UK hauliers falling by the wayside.
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Carlton Forest 3PL forced into administration by excess warehouse capacity and rising costs
Worksop-based transport and warehousing firm Carlton Forest 3PL has gone into administration, along with subsidiary Green Forest Solutions LLP and Carlton Forest Group Holdings, after battling rising costs, falling storage rates and overcapacity in the warehousing market.
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S&J European Haulage enters administration
S&J European Haulage in Melton Mowbray has entered administration after more than 40 years of business.
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TWT Logistics and subsidiary Switch International Trailers (UK) call in the administrators
South Wales-based TWT Logistics Ltd and its subsidiary Switch International Trailers (UK) Ltd have called in the administrators just weeks after Aquila Food Group, which bought the logistics firm in 2022, went into administration.
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No money for unsecured creditors of Gwynedd Shipping, administrator anticipates
The Gwynedd Shipping group of companies that collapsed into administration in February are estimated to owe unsecured creditors almost £8m with none expected to receive their money, according to accountants at Kroll.
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Hayden Chilled’s liquidator spells out industry’s challenges
Accountancy firm Azets confirmed it was handling the liquidation of Scottish refrigerated haulage company Hayden Chilled and was now focused on providing support to the 37 staff made redundant.
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Scotland’s Hayden Chilled to be wound up
Scottish food distribution company Hayden Chilled has presented a petition in court for a liquidator to be appointed to wind the business up.
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Bristol haulier John Dinham sold in pre-pack deal, saving 36 jobs
John Dinham Transport has been sold for £100,000 to a business whose director is also the boss at the beleaguered Bristol-based haulage firm, documents have revealed.
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No buyer found: AAD Transport closes down
A buyer for stricken Kirriemuir-based haulage firm AAD Transport has not been found and the business has now closed with the loss of 65 jobs.
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Immingham-based L&M Transport (UK) falls into administration
Another haulier has fallen victim to the ongoing economic downturn, with Immingham-based haulier L&M Transport (UK) calling in the administrators this week.
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NCA sting takes down LockBit ransomware criminals that targeted KNP Logistics
The UK’s National Crime Agency (NCA) has seized the website of criminal ransomware group Lockbit, which was instrumental in the collapse of KNP Logistics last year, as well as being responsible for targeting thousands of other victims across the world, during a four-year crime spree.
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Vox Pop: “The amount of administrations is scary…”
MT asks some of the industry’s leading players to assess the increasingly tough market and give their verdicts on how 2024 will play out for themselves and their competitors…
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Monex Group buys Bridgetime Transport trade and assets in pre-pack sale
A pre-pack sale has seen family-run Newport-based Monex Group acquire part of the trade and assets of Bridgetime Transport, which went into administration earlier this month.
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Do not bury your head in the sand over cyber crime, hauliers warned
From left: Stephen Hards, Paul Abbott, MT editor Steve Hobson and James Hall Last month Motor Transport in association with Bosch CyberCompare held a webinar looking at the growing problem of cyber attacks. These can leave a business crippled and facing demands for ransoms that could destroy ...
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Administrators appointed to John Dinham Transport
Bristol-based John Dinham Transport has become the latest haulage business forced to appoint administrators.
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Significant number of redundancies as Youngs Transportation and North West Cargo succumb to administration
Two more major road haulage businesses, Youngs Transportation & Logistics and North West Cargo, have entered administration with a significant number of redundancies.