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 […]
TT Express (Oldham) has been sold to John Raymond Transport in a pre-pack deal after it went into administration last week (15 September).
Hargreaves Services has purchased civil engineering and earth moving group Pryor, after the latter was placed into administration.
Former staff at Cartwright Group who lost their jobs when the business entered administration are pursuing legal action after alleging that it failed to properly consult them.