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 […]
Felixstowe-based container haulier Deben Transport has acquired fellow container specialist Elite Transport Services out of administration.
In the weeks leading up to its collapse, Deben Transport attempted to make changes to its depot network as it battled to stay afloat.
Container haulier Pentalver was “assisted greatly by an upsurge in market conditions” in 2014 after it saw a 7.3% rise in turnover year-on-year.