Canute Group, which is due to shut its doors this week (21 December), was unable to demonstrate financial standing, MT can now reveal. Following the news that the business, which completed a pre-pack administration in May, had come to the end of the road, a spokesman for the Office of the Traffic Commissioner (OTC) said: “I can now confirm the following with respect to the operator licence applications made by Almtone Limited [owner of Canute Group]. “The applications were considered […]
A Felixstowe-based transport and warehousing company collapsed following a decision by the nearby port to terminate its storage agreement, according to administrators.
The administrator of City Link has revealed that around 20,000 parcels remain in its network.
While Motortransport.co.uk did not see as many industry insolvencies or closures in 2016 as in previous years, there were still a number of high-profile cases that shocked the transport sector.