Creditors of Bedworth Haulage said they picked up on rumours of trouble at the company in the weeks before it entered administration. The Warwickshire temperature-controlled haulier failed in January due to historic debt and unprofitable contracts. Adrian Boyes, MD at AD Boyes Haulage Logistics in Peterborough, said he was given “the nod” that things weren’t right at the company and he was able to claw back most of the £4,000 it was owed before the administration. “I stopped doing work […]
Palletways member TAS Transport has ceased trading and been placed into administration, motortransport.co.uk can reveal.
Mergers and acquisitions (M&A) activity in the transport sector throughout the world is predicted to rise for the fourth consecutive year, according to a report from KPMG.
Key factors leading to Surfair Global Logistics demise were the owner’s inability to spend “sufficient time” at the business, due to a family bereavement, and an “unexpected trading loss” after inaccurate reporting of the company’s financial position.