Simpsons Logistics transferred 70 employees to another company when HMRC attempted to wind it up and agreements with APC Overnight and The Pallet Express (TPN) were cancelled, according to administrators. In an effort to rescue the company’s trade, Simpsons Logistics in Chester le Street, moved all its staff over to Logistics (Teesside) at the end of August, before administrators were appointed on 19 September. In a report compiled by RSM Restructuring Advisory and based on information provided by Simpsons’ directors, […]
Palletforce has launched a new shipping service to Asia with a member operator, in what the network said is its first step to establishing itself in China.
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.
The liquidator for Seafield Logistics received unsecured claims of more than £7m.