The RHA has welcomed the government’s decision to investigate the pre-pack administration process after the Insolvency Service announced a review that aims to make the procedure more transparent for creditors. RHA chief executive Geoff Dunning told MT the review needs to look into balancing the needs of both creditors and the company. The association is also encouraging traffic commissioners to look more closely at trading history before granting an O-licence to a firm that has emerged from the process. Dunning […]
Stobart Group says it has seen no significant improvement in its transport business’s fortunes, since it warned of tough trading conditions at the end of June. In a pre-close statement the company, which has just announced it will be increasing its hybrid truck fleet, says the UK recession is dampening growth within transport. While the majority of the Eddie Stobart transport business has progressed well, the restructuring of the chilled business alongside bad simmer weather has resulted in losses. Stobart, […]
Scottish hauliers are up in arms about the “horrendous” extra costs they face because of the HGV ban on the Forth Road Bridge, which has been extended until the end of February.