Struggling haulier Premier Logistics (UK) is set to enter a company voluntary arrangement (CVA) as it looks to restructure its finances in the face of a £5.7m shortfall to creditors, MT has learnt. In a letter seen by MT dated 11 July, FRP Advisory stated that it had been instructed by Premier Logistics owner Lee Christopher to hold a meeting of creditors on 30 July, for the purpose of voting on a CVA for the loss-making firm. In a document […]
Premier Logistics has signed a two-year contract with Capitol Tiles, which said it expected its deal with the haulier to “dramatically reduce” damage it had previously seen with pallet networks.
A company voluntary arrangement (CVA) at Elite Transport Services has been approved by 99% of its creditors.
Panther is launching two new services to customers this month after a year of contract wins and the acquisition of a rival took its annual turnover close to the top of the two-man delivery food chain.