AM Widdowson was a member of the Palletways network for only a year, Motortransport.co.uk has learnt. The Leicester-based company joined Palletways in April 2015, with the pallet network’s UK MD Luis Zubialde stating at the time that he was looking “forward to utilising Widdowson’s experience to grow our business even further across the East Midlands region”. Widdowson covered the LE postcodes in Leicestershire and Rutland for Palletways and received public backing from the pallet network ahead of the creditor’s meeting […]
Newcastle-based David Price Food Services has secured a Company Voluntary Arrangement (CVA) that will see its unsecured creditors paid 38p in the pound on debts of about £2.1m. The arrangement, which the firm said was approved by more than 99% of creditors at a meeting on Wednesday 5 September, safeguards the jobs of 175 staff across seven depots. Company chairman David Price told MT he was relieved the firm had avoided falling into administration. “It has been a traumatic time […]
The industry needs to re-examine its relationship with its customers if it is to end the rate squeeze, according to Bullet Express MD David McCutcheon. Responding to news last week that despite growth in the pallet sector, rates remained under acute pressure, McCutcheon said: “As a haulier of more than 22 years, rates have never been better for clients.” McCutcheon, who is a Pall-Ex member and has a 50-strong fleet of vehicles, said: “While pallet networks remain invaluable to hauliers, […]
A meeting of creditors of Leicester haulier A M Widdowson & Son will take place on 3 July ahead of a proposed CVA.