Oxfordshire-based Interoute Transport Services has been placed into administration, and its transport business closed with immediate effect. The operator, which is based in Thame, appointed administrator Quantuma last Friday afternoon (17 May). MT understands that Interoute director Neil Daniells had been offering the business for sale ahead of its collapse. Carl Jackson, partner at Quantuma, told MT that the transport side of the business – a member of both the Pall-Ex and Hazchem Networks – had been loss making for […]
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.
Pallet networks need to find ways of raising more revenue from customers if more of them are not to go the way of UK Pallets, the boss of Bullet Express has warned.
NV Transport in Chichester has entered liquidation with the loss of 50 jobs.