The government is investigating whether further regulation of pre-pack administration sales is needed, after measures were introduced to try and improve transparency. The review of the impact of these measures comes after MT’s sister magazine Commercial Motor revealed that out of 371 pre-pack administrations since November 2015, just 53 were reviewed by a voluntary panel of experts. The industry measures arose from the recommendations of the Graham Review in 2014, which found that pre-pack sales were a useful business rescue […]
The latest UK Labour Market survey from the Recruitment and Employment Confederation (REC) and KPMG has underlined the acute driver shortage that is threatening to stymie operator growth.
Debts relating to road traffic accidents racked up by former drivers of a Birmingham contract haulier have been written off after it was concluded it would not be cost effective to track them down.
Derbyshire operator Sprintdeliver has closed down, citing the Covid-19 pandemic and difficulties recruiting HGV drivers as reasons for its collapse.