Subcontractors for failed intermodal container haulier Catalyst Road and Rail Services have been handed a lifeline after Deben Transport stepped in to take on some of the work. Catalyst Rail Services, which holds two O-licences for a total of 25 vehicles and 29 trailers entered voluntary liquidation on 24 April. In a statement of affairs the liquidator estimates that trade and expense creditors are owed £982,000. It also said that the company’s books and records revealed that its bank account […]
Unsecured creditors of failed Deben Transport will not see a payout unless a claim relating to the truck cartel case proves successful, the firm’s administrators have said.
Felixstowe-based container haulier Deben Transport has acquired fellow container specialist Elite Transport Services out of administration.
The collapse of Deben Transport highlights the urgent need to address the poor rates plaguing the container haulage market, the boss of Pentalver has said.