Cleveland Police is undertaking a “complex financial investigation” at an HGV training company that collapsed into administration earlier this month. Cleveland LGV Training appointed administrators on 14 February, a couple of weeks after it closed down the haulage side of the business. FRP Advisory said it had managed to save nine jobs by organising a pre-packaged sale of the training company and its assets to Tees Valley Driver Training. It said that the administration was brought about by “cashflow issues” […]
Prolog, a Nottinghamshire warehousing, distribution and logistics provider, has been put up for sale after entering administration as expected.
The United Road Transport Union (URTU) said it had won a “protective award” for staff made redundant when Almtone-owned Canute Group ceased trading in 2018.
A Birmingham contract haulier that entered administration earlier this year went from a £1m pre-tax profit to a £100,000 loss in just 20 months’ trading.