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 […]
Transport and logistics operations at The Russell Group have not been affected by recent financial problems at group company Icetech Freezers, the firm has stated.
Kinaxia Logistics has added the ninth haulier to its rapidly expanding stable, rescuing Bollington-based BC Transport from administration.
Oxfordshire-based Interoute Transport Services has been placed into administration, and its transport business closed with immediate effect.