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 […]
Canute Group’s former pallet network is seeking to have the business wound up next month if it refuses to settle a bill of £47,489.35.
Palletways bought Dalkeith for the second time this year, after it went into administration in August.
No doubt about it, 2012 was incredibly tough for UK logistics operators. Profits were low, costs were high and obtaining credit to invest remained hard. The double-dip recession we all feared is in danger of turning into triple-fall and GDP growth was more sluggish than a snail on valium. Forecasts for growth in 2013 range from 1% by the Bank of England (BoE) to 1.4% by the Confederation of British Industry, with the BoE also predicting that it will be […]