Bedworth Haulage was sold for less than £17,000 in a pre-pack deal that saved 21 jobs, after it went into administration last month. In a report to creditors outlining why the Warwick-shire temperature-controlled haulier failed in January after hitting a turnover of £10.5m in 2015, administrator Quantuma said the firm suffered “squeezed margins” due to fleet costs and unprofitable work. In 2015, a continental company Bedworth worked with removed a minimum guarantee for miles per vehicle per week from its […]
Nearly 150 former City Link staff are preparing to take group employment action against the failed parcels carrier in the hope of receiving a larger compensation payout.
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.