Deben Transport was unable to save itself despite taking cost-cutting measures leaving it with no choice but to cease trading, as revealed by Motortransport.co.uk on Monday, its administrator has said. In a statement, Mark Upton and David Scrivener of Ensors, which were appointed as administrators of the firm earlier this week (13 April), confirmed the Felixstowe container-specialist had suffered a fall in turnover from a high of £34m, with losses recorded in the last two years. Deben Transport’s most recently […]
Firms thought to be left out of pocket following the administration of car transporter Eulos.EU will now receive a distribution after an unexpected insurance settlement led to an £11,000 payout.
Cardiff haulier Rhys Davies suffered a 50% fall in revenue with losses mounting to £3.5m in the year after it was bought by Cathay Investments, motortransport.co.uk has learnt.
FTA Ireland is warning UK shippers and hauliers to ensure any goods sent to the Republic of Ireland are accompanied by the correct declarations paperwork or face potential delays on arrival at Dublin and other Irish ports.