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, […]
The former directors of collapsed parcel carrier City Link have been cleared of failing to inform the government of impending staff redundancies before it went into administration last year.
Former Palletline member Orb Logistics owed unsecured creditors over £1.26m when it went into administration earlier this year, it has been revealed.
Petition demanding investigation into Palmer & Harvey collapse attracts 8,600 signatures in two days
A petition demanding an investigation into the demise of own-account wholesale operator Palmer Harvey & McLane (P&H) has raised more than 8,600 signatures in two days.