City Link’s management had laid out plans to pull out of the B2C market and refocus the courier’s efforts on attracting higher-margin business shortly before its collapse, it has emerged. A report published by administrator Ernst & Young (EY) also revealed that the troubled parcels carrier saw a net loss after tax of £44.4m for the year to 24 December, on a turnover of £243.5m. In the face of this, City Link’s management had devised a turnaround plan a month […]
The United Road Transport Union (URTU) said it had won a “protective award” for staff made redundant when Almtone-owned Canute Group ceased trading in 2018.
West Bromwich firm New Generation Courier (NGC) Logistics, which provided services across the UK and Europe, has entered administration.