Former staff at Lincolnshire sugar beet haulier M and J Haulage are expected to be paid outstanding claims shortly following the firm’s collapse into administration last year. It is still anticipated that companies owed money by the haulier will also receive a dividend, although the amount has yet to be finalised. KPMG was appointed to the firm in October 2017 following an announcement by British Sugar that there would be a significant reduction in contract volumes from April 2018. The […]
Wind turbine transport firm West of Scotland Heavy Haulage has entered administration due to “growing competition, rising costs and unsustainable cash flow problems”.
More than one-third of transport and haulage businesses in the UK are at risk of collapse, according to insolvency trade body R3.
Norbert Dentressangle’s five-year, £100m contract with Comet is in the hands of administrator Deloitte following the biggest high street collapse since Woolworths in 2008. Wincanton, Comet’s previous logistics partner, walked away from a warehousing and distribution deal with Comet on 30 April after it was unable to agree terms with OpCapita, the equity company that bought the chain at the start of 2012 from Kesa Electricals. A spokeswoman for ND said: “We continue to operate our contracts with Comet Group, […]