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 […]
Car transporter Beamish Transport has ceased trading due to the downturn in the car industry and uncertainty surrounding Brexit.
Oldham-based logistics firm NBS Transport’s assets will be auctioned later this month, after it collapsed in June with the loss of 20 jobs.
“Urgent action needed to stop avalanche of redundancies and insolvencies,” warns head of Logistics UK
Logistics UK has warned the government it needs to act now to stimulate economic activity and restore consumer confidence amid claims the nation’s businesses are “stagnating” after two months of cautious re-opening following the pandemic.