Davis Haulage, which was sold to Buffaload Logistics for £1.8m late last year, got into trouble after overextending itself, according to a report from administrator Leonard Curtis. The business, which traded from Crewe Distribution Centre Gateway spent £1.8m paid for through working capital on a new leasehold premises in 2013/14. However, uptake for its new dedicated chilled storage area was slower than anticipated, delaying rental revenues. A downturn in trade in 2014, which saw margins squeezed as overheads increased, resulted […]
The Birds Transport & Logistics name, some assets and business, are believed to have been sold to HLD Group-owned Widdowson Logistics.
Own account operator Poundworld Retail has appointed administrators after talks with a potential buyer collapsed.
Former staff at Duncan Adams are taking legal action against the Grangemouth haulier for failing to consult on their redundancies.