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 […]
Throughout the year, Motortransport.co.uk has bought you the biggest news in the road transport industry. Here we bring you the top 10 most read stories of 2012: 10. Stobart Group in for Autologic with £12.4m cash offer June saw Stobart make its offer for the car transporter firm, which valued Autologic at £12.4m. The deal made Stobart the largest car transporter haulier in the UK. 9. Hermes opens Coventry and Carlisle depots 2012 was a year of expansion for Hermes […]
A campaign to highlight the dangers recovery operators face at the roadside is stepping up a gear after receiving “an underwhelming level of response” from MPs.
“Historical mismanagement” combined with operating licence “issues”, Brexit and rising fuel prices led to Aspray Transport’s demise, according to a letter sent by the firm’s owners to its employees.