The chairman of Elite Transport Services has said he has a “very strong desire” to turn the business around, after creditors voted to back a company voluntary arrangement (CVA) at the container haulier. Gary Bethnal told MT that the decision to enter a CVA, which was backed by 99% of creditors, who will receive 37 pence in the pound over a five-year term, was not taken lightly – but was preferable to a pre-pack administration. “It has been a tough […]
The RHA has repeated its plea for more government help for hauliers, after a new survey revealed 16% of operators are in danger of becoming insolvent within four weeks.
Container hauliers may soon find themselves being brought to book less frequently for being inadvertently overloaded, following a new EC proposal to tighten up on the declared weights on shipping containers.
Standards of compliance remain a pressing problem in the light commercial vehicle sector, judging by a recent crackdown on the M4 in which more than 100 fixed penalties were issued for a range of road traffic offences.