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 […]
Ex-Widdowson Logistics staff retained at a successor company based on the same site as the collapsed haulier are apparently being paid by Birds Transport Leicester.
In April, Leicester-based Widdowson achieved a significant milestone: it became the first third party selected by Waitrose to be the supermarket chain’s official logistics partner in the Midlands. Waitrose has previously nominated carriers only to assist with distribution in the North and South. The move demonstrates how far the operator has come since it started life as a coal merchant in the early 1900s – it is registered as AM Widdowson, which stands for Ada Mary, the wife of the […]
No doubt about it, 2012 was incredibly tough for UK logistics operators. Profits were low, costs were high and obtaining credit to invest remained hard. The double-dip recession we all feared is in danger of turning into triple-fall and GDP growth was more sluggish than a snail on valium. Forecasts for growth in 2013 range from 1% by the Bank of England (BoE) to 1.4% by the Confederation of British Industry, with the BoE also predicting that it will be […]