The fallout from the bankruptcy of Hanjin Shipping is likely to be far reaching with hauliers operating out of Felixstowe potentially facing writing off large debts. The South Korean shipping line, the world’s seventh-largest container shipper, filed for bankruptcy protection on 31 August, immediately raising concerns regarding liabilities for customer cargoes being shipped on Hanjin vessels. One UK container haulier told Motortransport.co.uk it had seen a letter from the company dated 30 August explaining that creditors were not extending further financial […]
Hauliers are calling on the Port of Felixstowe to get its house in order and tackle “outrageously long delays” at the port before the Christmas rush.
Administrators handling the affairs of failed container specialist JWT Commercial said it chose not to furlough the 80 staff because it ran the risk of abusing the coronavirus payment scheme.
Wincanton’s commercial vehicle maintenance division, Pullman Fleet Services, has performed well in the first quarter of the current financial year, its parent has said.