Kinaxia Logistics director Peter Fields has described his latest purchase, BC Transport, as a “good solid business with great people” that ultimately stumbled as it was carrying too much debt. Speaking after rescuing the Bollington-based haulier from administration in a move that saved 50 jobs, Fields said it was a profitable business but had been a victim of circumstance. Fields said he had looked at BC Transport – a Palletforce founder member, established in 1964 – around the time its […]
Palletways has worked quickly to fill a gap in its coverage left by Cambridgeshire operator Heathcliff Haulage, which went into administration in January.
In the weeks leading up to its collapse, Deben Transport attempted to make changes to its depot network as it battled to stay afloat.
City Link’s administrator has revised up the amount it believes non-preferential creditors are owed by the collapsed parcel carrier. However, it said it is still waiting to hear from creditors that are owed a total of £12.8m that have not submitted a claim.