A bad debt and the loss of its largest client set off a chain of events that sunk old Canute leading to a controversial rebirth in May, MT takes a closer look. Canute Haulage Group’s demise and phoenix-like resurrection in May courtesy of a pre-pack sale led to shock, confusion and anger. Here was a company that had a turnover of £106m in the year to 31 July 2016 and had been a fixture on the UK road network since […]
The assets and business of Palletline Logistics (Midlands) were bought for £71,000 in a pre-pack deal in July by newly formed Global Logistics Central on the same day the former went into administration, according to administrator RSM Tenon.
Civil engineering and earth moving group Pryor is understood to have issued an intention to appoint administrators.
West of Scotland Heavy Haulage (WSHH) failed because Police Scotland withdrew its escort service, effectively stopping the wind turbine transport firm from completing its contracts.