Former Palletline member Orb Logistics owed unsecured creditors over £1.26m when it went into administration earlier this year, it has been revealed. Orb, formerly named Mission Logistics, went into administration and ceased trading in July. It began trading, initially as Mission Logistics, when its directors bought the trading name and assets of the collapsed Taskforce Movement & Storage in a pre-pack administration in August 2013. According to a report by administrator Leonard Curtis, the Essex-based operator began experiencing financial difficulty […]
Palletways has worked quickly to fill a gap in its coverage left by Cambridgeshire operator Heathcliff Haulage, which went into administration in January.
Landbridge Logistics has stepped in to take over some of Surfair Global Logistics’ contracts after the company’s voluntary liquidation this week, Motortransport.co.uk has learnt.
The government has rejected calls from two select committees for an urgent change in insolvency law, after the collapse of City Link last Christmas left sub-contractors and non-secured creditors £30m out of pocket.