Felixstowe-based container haulier Deben Transport has acquired fellow container specialist Elite Transport Services out of administration. Elite Transport Services has been trading under terms of a company voluntary arrangement (CVA) however administrators BDO said that they were appointed earlier this month after the loss of a major customer at the struggling container haulier. Now Deben and Elite will merge in a move that Felixstowe-based Deben said will secure the majority of jobs at Elite as well as giving continuity of […]
The collapse of Deben Transport highlights the urgent need to address the poor rates plaguing the container haulage market, the boss of Pentalver has said.
The acquisition of administration-hit Elite Transport Services pushed Deben Transport into the red last year.
Failed container haulier Deben Transport owed unsecured creditors close to £2.4m when it was placed into administration on 13 April, as well as more than £1.4m to HMRC.