Failed container haulier Deben Transport owed unsecured creditors close to £2.4m when it was placed into administration on 13 April, as well as more than £1.4m to HMRC. According to a report on the administration of the business by Ensors the prognosis for creditors is poor with a lack of saleable assets in the business meaning there is “unlikely to be a distribution of any kind to preferential or unsecured creditors”. That means the company’s 224 staff, who are considering […]
Cardiff Container Link, a domestic and container haulier, has gone into administration.
Birds Groupage Services’ auditor has raised concerns over the future of the loss-making company.
Gefco, the logistics arm of PSA Group, saw its global revenue rise 12.9% in 2011 as it prepares to embark on what it describes as a “decisive year” for the company. For 2011 Gefco reported global revenue of €3.8bn, compared to €3.4bn a year ago, and an operating income of €223m (2010: €198m). Excluding its PSA business, revenue was up 19.2% to €1.4bn. In January Gefco revealed new contract wins with Chevrolet and HPC Healthline. A statement from the firm […]