Birmingham contract haulier Contact Transport has gone into administration with 61 employees made redundant. The company appointed administrators from RSM on 20 April and the business is now being wound down. RSM said the company suffered losses following a drop in turnover volumes, high vehicle damage and insurance costs, as well as costs incurred in restructuring the business. It was unable to raise additional working capital or funding to pay creditors and it had also been served with a winding-up […]
The business and assets of Lima Logistics have been sold to John Dinham Transport after the Gloucester-based courier company entered administration.
Kinaxia Logistics has added the ninth haulier to its rapidly expanding stable, rescuing Bollington-based BC Transport from administration.
Palletways UK has purchased longtime haulier member Systematic Logistics International (SLi) after it was placed into administration yesterday (29 November).