South West Delivery Services owed almost £1.3m to creditors when it was placed into liquidation in June. Following liquidation, the operator’s business was acquired by Kay Transport, part of the Gregory Distribution group of companies, in a move that saved the majority of the workforce’s jobs. Significant creditors to the liquidated business as of 7 June included RBS Invoice Finance, which was owed £315,918; Mercedes-Benz Financial Services, which was owed £206,700; and Natwest, which was owed £128,481. Palletways, which both […]
EFS Global has bought Lincolnshire-based freight company Caistor Distribution for an undisclosed sum.
Walkers Transport has acquired fellow Palletways member MTH Express Services for an undisclosed sum, giving the newly enlarged group a combined turnover of £48m.
Richard Simpson, CEO of Leeds-based Walkers Transport, is typical of the new breed of logistics business owners who have not been brought up in transport and so have a fresh view of the industry and its future. He explains his vision to Steve Hobson