Abbey Logistics and Lomas Distribution paid close to £300,000 for the majority of the bulk powder and warehousing business of collapsed operator Seafield Logistics. The combined sum has been revealed in a recently published progress report from Grant Thornton, which was appointed as administrator of the former MT Top 100 firm on 11 June 2014. The report, which covers the period from appointment up to 10 December 2014, reveals Abbey Logistics paid £187,000 for the majority of Seafield’s bulk powder […]
The transport sector is showing increasing signs of financial strain, according to insolvency specialist Begbies Traynor.
Prolog, a Nottinghamshire warehousing, distribution and logistics service, is expected to enter administration next week (26 November), its proposed administrator has confirmed.
A union representing workers at two XPO Logistics sites said a report earlier this week that the operator and its client House of Fraser had reached a compromise appears to be false.