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 […]
New guidance aimed at tackling major delays to groupage at Northern Ireland ports has been rushed through without reference to the haulage industry and fails to tackle the issue, the RHA told MP Michael Gove this week.
MT Top 100 company Deben Transport has ceased trading, with an administrator expected to be appointed later today.
The RHA has welcomed the government’s decision to investigate the pre-pack administration process after the Insolvency Service announced a review that aims to make the procedure more transparent for creditors.