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 […]
Despite the high-profile collapse of Deben Transport last month, the amount of insolvencies overall in the transport and haulage sector is rapidly declining year-on-year.
A firm run by David James Zwecker, who previously worked as operations director at failed transport company Noel Zwecker International Transport, has applied for an O-licence.