Creditors of Searon Logistics are thought to be owed £7.26m after the Felixstowe company’s fall into administration. A reduction in haulage rates followed by an announcement by shipping lines in March that they were “changing alliances” led to the haulier’s collapse in July. In a report to creditors, the administrators at McTear, Williams & Wood said the shipping lines’ announcement was “the biggest change in the industry for nearly 20 years and caused the company a major problem as its […]
February 9, 2015 Ashleigh Wight
Nearly 150 former City Link staff are preparing to take group employment action against the failed parcels carrier in the hope of receiving a larger compensation payout.
April 20, 2016 Carol Millett
Derbyshire-based Surfair Global Logistics has called in the administrators.