Canute Haulage Group creditors stand to lose millions of pounds following the sale of the business earlier this month via a pre-pack administration. A report by administrator FRP Advisory states that as of 18 May unsecured creditors face a deficit of £7m. The administrator estimated that creditors could ultimately see a return of just 15p in the pound – although not until a liquidator is appointed – leaving them to shoulder an approximate £5.3m shortfall. More than 900 businesses have […]
The Co-operative Group is expanding its back haul operation in a move that will save thousands of road miles and see 34,000 tonnes of food shop waste diverted from landfill.
Wincanton has secured a four-year contract to provide support at two new DCs for furniture and homeware retailer Ikea.
Wincanton-owned 4PL business Flatnet Construction is looking to recruit more hauliers having completed more than 32,000 loads in its first 21 months of trading.