BC Transport owed almost £1.5m when it was placed into administration earlier this month, and unsecured creditors are unlikely to recover any money despite the subsequent sale of the business. The Bollington-based haulage firm was purchased in a pre-pack deal by Kinaxia Logistics on 5 December, after earlier efforts to market the firm by Duff & Phelps attracted interest but no firm offers. The sale saved 50 jobs. According to BC Transport’s statement of affairs, Kinaxia Logistics paid £40,000 in […]
Unite has called on the management at DHL Supply Chain to clarify what impact the administration of customer BHS could have on its operation.
Norbert Dentressangle’s five-year, £100m contract with Comet is in the hands of administrator Deloitte following the biggest high street collapse since Woolworths in 2008. Wincanton, Comet’s previous logistics partner, walked away from a warehousing and distribution deal with Comet on 30 April after it was unable to agree terms with OpCapita, the equity company that bought the chain at the start of 2012 from Kesa Electricals. A spokeswoman for ND said: “We continue to operate our contracts with Comet Group, […]