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 […]
Bedworth Haulage was sold for less than £17,000 in a pre-pack deal that saved 21 jobs, after it went into administration last month.
Premier Logistics is looking to boost its contract partnerships and palletised-freight customer base in 2016, and make further acquisitions.
The boss of Leicester-based Premier Logistics believes its purchase of fellow Pall-Ex member CJ Express means it has hit the big time.