The administrator of City Link has revealed that around 20,000 parcels remain in its network. It comes as administrator Ernst & Young announced an additional 230 redundancies on top of the 2,356 made last week. The remaining 141 staff have been retained at its HQ in Coventry and across a number of other sites to assist with the winding down of the business and returning parcels to customers. The remaining 20,000 parcels are to be sent back to its Coventry […]
Skills for Logistics (SfL) has officially entered creditors’ voluntary liquidation.
Creditors of Bedworth Haulage said they picked up on rumours of trouble at the company in the weeks before it entered administration.
A Birmingham contract haulier that entered administration earlier this year went from a £1m pre-tax profit to a £100,000 loss in just 20 months’ trading.