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 […]
Kinaxia Logistics-owned Bay Freight has joined the Hazchem network.
Air freight logistics and refrigerated transport company Mark Priestley SDT has been sold to a new company after it entered administration.
Failed container haulier Deben Transport owed unsecured creditors close to £2.4m when it was placed into administration on 13 April, as well as more than £1.4m to HMRC.