A company voluntary arrangement (CVA) at Elite Transport Services has been approved by 99% of its creditors. A creditors’ meeting took place on Friday 8 February and a spokesman for the container haulier said that under the terms of the agreed deal creditors will receive 37 pence in the pound over a five-year repayment term. Last week Motortransport.co.uk revealed that the north-west haulier had filed a proposal for a CVA with Manchester County Court on 23 January. It is understood […]
Deben Transport was unable to save itself despite taking cost-cutting measures leaving it with no choice but to cease trading, as revealed by Motortransport.co.uk on Monday, its administrator has said.
Pentalver has opened its five acre, permanent container services site at DP World London Gateway – the first phase of its two-step development of facilities at the port.
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.