AM Widdowson’s unsecured creditors have been left almost £13m out of pocket after the pre-pack sale of the haulier in July. The newly published creditor’s report from administrator Leonard Curtis after the haulier’s £2.5m sale in July set out the monies owed and warned that it is unlikely unsecured creditors will get any back. While approximately 220 jobs were saved by the sale to connected party Widdowson Logistics, the majority of the sale value was used to satisfy a debt […]
The industry’s two main trade associations have welcomed the start of a trial in Liverpool designed to test the effect on congestion of removing the city’s bus lanes.
John G Russell (Transport) said it had benefitted from months of empty roads over the last year, which helped boost fleet productivity, fuel consumption and would result in strong financial results.