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 […]
The Widdowson Corporation has been officially dissolved, closing a tumultuous chapter in the long running saga that saw haulier AM Widdowson & Son hit the skids and ultimately cease to be.
One of the firms appointed to take on some of the postcode area of collapsed Palletline Logistics (Midlands) has entered a pre-pack administration.
Unsecured creditors of failed Hull-based haulier AR Lunn Transport & Warehousing have received just 4% of the money owed to them, the firm’s administrators have revealed.