Major sugar beet haulier M and J Haulage collapsed into administration due to a heavy reliance on finance to fund investments, low margins and the prospect of less work from British Sugar, according to KPMG. The Lincolnshire company appointed administrators on 12 October after it was informed by British Sugar of a “significant reduction in the contract volumes”, which was to take effect in April 2018. The move compounded the financial problems M and J Haulage was already experiencing, raising […]
Creditors of Birstall, West Yorkshire-based Bedfords Group could be owed more than £5m, according to estimates by administrators at KPMG.
Specialist HGV training firm PB Transport Solutions has entered liquidation following the outbreak of the COVID-19 virus.