Davis Haulage, the Crewe-based chilled distribution firm, has been bought out of administration by competitor Buffaload Logistics. Buffaload MD Julie Feltwell said she “couldn’t be happier” after she rescued the business by snapping it up for an undisclosed sum. Feltwell declined to comment on the circumstances leading to Davis Haulage’s administration, but she said she was not concerned about its financial state. However, she added: “It was a very well run business, a really good business, they did a really […]
The government is investigating whether further regulation of pre-pack administration sales is needed, after measures were introduced to try and improve transparency.
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.
Car transporter Beamish Transport has ceased trading due to the downturn in the car industry and uncertainty surrounding Brexit.