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 […]
Widdowson Logistics has gone into administration. But a new business, Glenfield Storage Solutions, which shares directors with Widdowson, has been registered at its Mill Lane headquarters in Glenfield, Leicester.
Hampshire logistics firm Alton Transport Service has entered administration.
Canute Haulage Group creditors stand to lose millions of pounds following the sale of the business earlier this month via a pre-pack administration.