Cannock-based transport and training company Go Direct Recruitment Services has gone into voluntary liquidation after an accounting error left the firm with debts of more than £2.8m. The company, which has a licence to operate 62 trucks and 60 trailers and counted pallet supplier CHEP as one of its clients, called in the liquidators after HMRC alerted it to a potential £470,000 shortfall in regards a VAT liability in July. This led to the discovery of an additional debt owed […]
Despite new business wins and growth in average storage volumes, turnover at Boughey Distribution remained flat last year.
Glasgow haulier John G Russell (Transport) has warned the distribution sector of a “difficult” 12 months ahead as costs keep rising while rates and profit margins continue to stagnate. Alan Poulton, chief executive, logistics at the group, told MT the firm was finding it increasingly difficult to squeeze further efficiencies out of its operation and said that, in terms of rates: “We are not getting, and have not got for some time now, an increase that reflects the quality and […]
Southampton’s Harris Transport, which ceased trading last week, has now been placed into administration.