Palletways UK has purchased longtime haulier member Systematic Logistics International (SLi) after it was placed into administration yesterday (29 November). A sale of the business assets of the Colchester-based firm, described as having been a member of the network for 24 years, was completed by Palletways UK today (30 November). Barry Byers, network development director at Palletways, said: “Over many years, the staff at SLi have played an invaluable role in the success of Palletways in south-east England. “We are […]
Unsecured creditors of Canute Haulage Group and its successor are set to be left almost £11m out of pocket after last year’s doubleheader of collapses.
A Birmingham contract haulier that entered administration earlier this year went from a £1m pre-tax profit to a £100,000 loss in just 20 months’ trading.
XPO Logistics remains in a standoff with the new owner of House of Fraser, with the department store group’s supply chain paralysed as a consequence.