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 […]
Kent operator Castledene Transport has left Pallet-Track after nine years to join rival network Palletline.
TT Express (Oldham) has been sold to John Raymond Transport in a pre-pack deal after it went into administration last week (15 September).
Norbert Dentressangle’s five-year, £100m contract with Comet is in the hands of administrator Deloitte following the biggest high street collapse since Woolworths in 2008. Wincanton, Comet’s previous logistics partner, walked away from a warehousing and distribution deal with Comet on 30 April after it was unable to agree terms with OpCapita, the equity company that bought the chain at the start of 2012 from Kesa Electricals. A spokeswoman for ND said: “We continue to operate our contracts with Comet Group, […]