Elite Transport Services has filed a proposal for a company voluntary arrangement (CVA) with Manchester County Court, ahead of a creditors meeting on Friday (8 February). A spokesman for the container haulier said it was “hopeful of a positive result” when votes from creditors over the proposed financial restructuring of the firm were collated at the end of the week. He added that the proposed credit terms are dependent on major creditor HMRC but “indications from them are very positive”. […]
Container haulier Macintyre Transport has reported a 26% rise in profits on the back of extending the working life of some of its vehicles.
The assets and business of Palletline Logistics (Midlands) were bought for £71,000 in a pre-pack deal in July by newly formed Global Logistics Central on the same day the former went into administration, according to administrator RSM Tenon.