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 […]
Tyne and Wear-based David Price Food Services has gone into administration just over a year after entering a Company Voluntary Arrangement (CVA).
With the EU referendum fast-approaching, the Motor Transport team chats to visitors and exhibitors at Multimodal in the latest Motor Transport Podcast, available now, to see which way the industry is leaning – should we stay or should we go?
British Sugar has agreed to make changes to its haulage scheme after alienating some operators by encouraging capacity investment with no guarantee of tonnage.