City Link’s administrator has revised up the amount it believes non-preferential creditors are owed by the collapsed parcel carrier. However, it said it is still waiting to hear from creditors that are owed a total of £12.8m that have not submitted a claim. As of 24 June non-preferential creditors had made claims totalling £46.7m, up from the estimated £27.2m administrator Ernst & Young (EY) reported in July 2015. In its latest progress report, EY said it intends to write to […]
The future of Hellmann Worldwide Logistics rests on the success of a major refinancing deal being negotiated by its German parent company, the 3PL’s auditor KPMG has warned.
A convoy of over 50 shellfish haulage trucks descended on Downing Street today (18 January) to protest against the bureaucracy created by the Brexit trade agreement which is creating major delays of shellfish exports to Europe and threatening the existence of affected companies.
RPL Transport has followed parent company Bedfords Group into administration, motortransport.co.uk has learnt.