Administrators handling the affairs of County Durham haulier Simpsons Logistics said it had stopped trading due to a combination of cash flow issues, a customer dispute and a winding up petition. The former Palletforce member and independent carrier of parcels and pallets entered administration in September, but according to consultants at RSM, 70 staff transferred to Logistics (Teesside) in August. The administrator has described the process as technically a pre-pack administration due to its speed. The following month, Simpsons Logistics’ assets, […]
Wolverhampton-based pallet network Pallet-Track has said its new international service in partnership with Hellmann Worldwide Logistics UK will begin operating next Monday (13 April).
Cutthroat competition and unprofitable contracts have forced aviation logistics group Global Eyes into administration with the loss of more than 80 jobs.
Wholesale drinks distributor Waverley TBS is being wound-up by its administrators after they failed to find a buyer for the business. The company, which has two large DCs at Punchbowl Park in Hemel Hempstead and Felling, near Gateshead, as well as smaller deports across the UK, was licensed to run more than 300 vehicles. These were operated via a combination of own-account and third party providers. As a consequence of the failure to find an outright buyer, 685 Waverley employees […]