TT Express (Oldham) has been sold to John Raymond Transport in a pre-pack deal after it went into administration last week (15 September). The 40-year-old business appointed administrator KPMG the same day, which immediately transferred the assets and 56 employees to an unconnected party – TT Express Group. Both TT Express and John Raymond Transport confirmed the south Wales haulier was behind the acquisition. In its most recent results for the year to 30 March 2016, TT Express recorded a […]
Norbert Dentressangle’s five-year, £100m contract with Comet is in the hands of administrator Deloitte following the biggest high street collapse since Woolworths in 2008. Wincanton, Comet’s previous logistics partner, walked away from a warehousing and distribution deal with Comet on 30 April after it was unable to agree terms with OpCapita, the equity company that bought the chain at the start of 2012 from Kesa Electricals. A spokeswoman for ND said: “We continue to operate our contracts with Comet Group, […]
West of Scotland Heavy Haulage (WSHH) failed because Police Scotland withdrew its escort service, effectively stopping the wind turbine transport firm from completing its contracts.
Former staff at Lincolnshire sugar beet haulier M and J Haulage are expected to be paid outstanding claims shortly following the firm’s collapse into administration last year.