Carlson Vehicle Transfer, part of Groupe Cat, has bought some of the remaining assets of Quantum Automotive out of administration. Quantum appointed administrators Simon Plant and Daniel Plant of SFP on 31 January just days before the assets of sister-firm Sensible Transport were acquired by Autologic after it fell into administration with debts of almost £1m. Stuart Warren, MD of Carlson, tells MT: “We bought a few remaining assets and we are looking to take on a contract with one […]
The new owners of AM Widdowson & Son, the Leicester haulier sold in a pre-pack deal, have ambitions to grow the business and are on the acquisition trail for more logistics firms.
Systemic problems with Brexit red tape will continue to hit exports, RHA warns, as number of empty lorries leaving UK doubles
The RHA is disputing an Office of National Statistics (ONS) forecast that UK exports could rally as traders get used to the new rules.
An 11th hour plea by the new owners of Aspray Transport, days before it went into administration last month, that its operating licences be surrendered rather than revoked, to avoid “negative connotations”, was rejected by the traffic commissioner who ruled that it “must have been abundantly clear” during due diligence that the firm had insufficient funds to qualify for the eight licences.