While Motortransport.co.uk did not see as many industry insolvencies or closures in 2016 as in previous years, there were still a number of high-profile cases that shocked the transport sector. A former Tip-Ex haulier of the year became one of the first business casualties of 2016 when restructuring firm FRP Advisory announced Pryor Group (pictured right) was up for sale. The engineering and earth moving group had been poised to enter administration in January, due a severe shortfall in working […]
Former City Link parent Better Capital has revised up the amount it expects to receive from its investment in the collapsed parcel carrier.
Leicester-based packaged chemicals logistics provider HW Coates Holdings has declared another rise in turnover for its last financial year but a significant decline in profits.
Latest figures show that Premier Logistics (UK) increased turnover by 2% to £10.2m as the haulier battled its way out of its Company Voluntary Arrangement (CVA).