Unsecured creditors of failed Hull-based haulier AR Lunn Transport & Warehousing have received just 4% of the money owed to them, the firm’s administrators have revealed. In its final progress report covering the six months to 28 February, PricewaterhouseCoopers said it had paid just over £76,500 to unsecured creditors of the firm, which entered administration in early 2012 blaming rising fuel prices and other operating costs. That sum represented a first and final dividend of 3.99 pence in the pound. […]
A failed move into freight forwarding contributed to the collapse of Simon Widdowson last month, according to the firm’s administrator Begbies Traynor.
Aspray Transport is to close its doors next Friday (16 August) with up to 449 jobs potentially at risk of redundancy after attempts to revive the business proved in vain, Motortransport.co.uk can reveal.
NV Transport in Chichester has entered liquidation with the loss of 50 jobs.