Creditors of Hull-based CJ Express could be left close to £1m out of pocket, according to the collapsed company’s statement of affairs. Liquidator Leonard Curtis has estimated a deficiency in regards unsecured creditors of £978,570. The statement reveals little in the way of assets for the haulier, which was placed into an insolvency procedure last month, with the majority of its vehicles on a finance lease with Mercedes-Benz. The two largest unsecured creditors are CJ Express’ parent company Premier Logistics, […]
Felixstowe-based Searon Logistics has entered administration after its largest customer moved to Southampton, causing a significant increase in costs.
Glenfield Storage Solutions, a successor company to failed Widdowson Logistics, remains a going concern despite net liabilities of close to £98,000.
Landbridge Logistics has stepped in to take over some of Surfair Global Logistics’ contracts after the company’s voluntary liquidation this week, Motortransport.co.uk has learnt.