Wirral-based transport and storage firm TWA Logistics has entered into a company voluntary arrangement (CVA) as it seeks to pay back more than £300,000. At a creditors meeting on 5 December 2014, 92% of creditors voted in favour of an arrangement that will see them receive a minimum dividend of 40p in the pound over a five-year period. Documents filed at Companies House show that the firm owed £324,404 as of 5 December. The CVA will see the Pallet-Track member […]
Trade creditors of Nottinghamshire warehouse and logistics provider Prolog are set to receive just 4p in the pound, after administrators found there were insufficient funds to pay them in full.
Government’s emissions strategy contains very little for the road transport industy, say associations
Trade associations are urging the government to provide more focus and funding to the road transport sector to help it play its part in reducing UK carbon emissions.
More than 330 jobs have been saved after the administrator at Nottinghamshire-based Promotional Logistics sold three of its sites in a management buy-out.