The government has rejected calls from two select committees for an urgent change in insolvency law, after the collapse of City Link last Christmas left sub-contractors and non-secured creditors £30m out of pocket. A joint-report from Department for Business, Innovation and Skills and Scottish Affairs Committees in March called for the government to change the order in which staff, subcontractors and suppliers are paid during insolvency, to prioritise payments to the employers’ workers, even if they were self employed, before […]
In the weeks leading up to its collapse, Deben Transport attempted to make changes to its depot network as it battled to stay afloat.
Former Palletline member Orb Logistics owed unsecured creditors over £1.26m when it went into administration earlier this year, it has been revealed.
Montgomery Transport founder Harold Montgomery has confirmed the demise of Birds Transport & Logistics, bringing the curtain down on a tough period for the well known Midlands firm.