The future of Hellmann Worldwide Logistics’ UK operation has not yet been ensured, with its German parent company still locked-in discussions with its lenders over a refinancing deal. As reported by Motortransport.co.uk in May, parent company Hellmann Worldwide Logistics GmbH is in negotiations with 11 funding partners about a €159m (£125m) loan, which makes up 40% of the group’s total borrowing. The refinancing was set to be completed by August last year. It was then put back until the end […]
Redditch-based S Walker Transport has closed down after almost three decades in business, with the loss of 39 jobs.
More of the £500m being set aside for encouraging the take-up of ultra low emission vehicles should be allocated to freight vehicles, the FTA has suggested.
Former Pall-Ex and Fortec member Transol Worldwide Logistics has been placed in liquidation after it appointed administrators earlier this year, owing £739,810.