By the time the Beast from the East had done its damage and spring was finally making itself known, official figures showed that there had been 574 insolvencies in UK logistics during the first three months of 2018. This number, however, was an improvement on the previous quarter, prompting the Creditsafe Watchdog report for the period to announce that the industry had enjoyed “a great start to the year”. Inevitably, that was the cue for some high-profile collapses and disruption, […]
FRP Advisory, the administrators of Charles Gee Group, has confirmed to Motortransport.co.uk that it is still seeking a buyer for some of its road transport interests.
Kinaxia Logistics will move into a flagship warehouse facility at the Prologis-owned Daventry International Rail Freight Terminal (DIRFT) later this summer.
More than 600 jobs at XPO Logistics are at risk after the collapse and subsequent sale of House of Fraser to Sports Direct, which has left the operator owed £30.4m.