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 […]
Hampshire haulier Alton Transport Service has admitted that taking on “loss making” work from Palletline and losing a contract from Tarmac were to blame for its insolvency.
Former employees of a Sheerness-based car transporter that entered administration just before Christmas are now expected to be paid all the money they are owed.
The assets and business of Palletline Logistics (Midlands) were bought for £71,000 in a pre-pack deal in July by newly formed Global Logistics Central on the same day the former went into administration, according to administrator RSM Tenon.