Wholesale drinks distributor Waverley TBS is being wound-up by its administrators after they failed to find a buyer for the business. The company, which has two large DCs at Punchbowl Park in Hemel Hempstead and Felling, near Gateshead, as well as smaller deports across the UK, was licensed to run more than 300 vehicles. These were operated via a combination of own-account and third party providers. As a consequence of the failure to find an outright buyer, 685 Waverley employees […]
Birmingham-based Ware Transport has been snapped up by Trilogy Freight after entering administration.
David Hathaway Transport increased profits by more than 52% before it was acquired by Kinaxia last year, recently published results show.
Arcese UK reported a £2.9m increase in turnover last year, but profit slid further into the red, with the firm making a £939,000 pre-tax loss “due to increasing business costs”.