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, […]
Expect Distribution has blamed a fall in profit on its loss-making two-man delivery service, which ceased operating in May last year, but said that new deals in its contract logistics business will get it back on track.
Bedfords Group has been placed into administration and has ceased trading.
Kinaxia Logistics has added the ninth haulier to its rapidly expanding stable, rescuing Bollington-based BC Transport from administration.