The acquisition of administration-hit Elite Transport Services pushed Deben Transport into the red last year. The Felixstowe-based container haulier posted a £668,135 pre-tax loss in 2013, its annual accounts to 31 December show. This followed a £63,568 pre-tax profit the year before. Commercial director Rachael McCall told Motortransport.co.uk that the purchase of Elite Transport Services in April 2013 was the main contributing factor to the company’s financial performance during the year. According to the accounts, Deben acquired Elite out of […]
Despite the high-profile collapse of Deben Transport last month, the amount of insolvencies overall in the transport and haulage sector is rapidly declining year-on-year.
Woodland Logistics has purchased Courier Elite, based in Peterborough, Cambridgeshire.
The collapse of Deben Transport highlights the urgent need to address the poor rates plaguing the container haulage market, the boss of Pentalver has said.