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 […]
Deben Transport was unable to save itself despite taking cost-cutting measures leaving it with no choice but to cease trading, as revealed by Motortransport.co.uk on Monday, its administrator has said.
Aberdeen-based ARR Craib Transport has said that the falling price of oil in 2014 did not stop its growth last year, as it leaned on food and drink and construction and building customers. In the year-ending 31 March 2015 turnover rose to £52.8, from £46.1m in the previous year, while pre-tax profit was flat at £1.69m.
Once again the UK’s nine pallet networks bucked the general trend within logistics in 2012, delivering another year of growth. While Greece teetered on the precipice, dragging the whole eurozone deeper into its protracted economic malaise, Europe remained the focal point for many of the UK’s networks looking for the next big thing. European market leader Palletways faces competition with Pall-Ex’s ambitious European plans remaining on course despite the economic headwinds from the Continent, and Palletforce finally revealing its hand […]