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 […]
While Motortransport.co.uk did not see as many industry insolvencies or closures in 2016 as in previous years, there were still a number of high-profile cases that shocked the transport sector.
Kinaxia Logistics has made its tenth acquisition with the purchase of Palletline-member AKW Group for an undisclosed sum.
Keyne Express Deliveries and KED Logistics have been purchased by Beaches Logistics after both companies entered administration.