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 […]
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.
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.