The administrator of Canute Haulage Group is locked in a legal tussle with the haulier’s one time largest customer, Wilko, over a disputed £600,000 contingency relating to a contract termination. The end of the 29-year contract with the retailer in September 2017, which represented 30% or £30m of Canute’s annual turnover at that point, was a hammer blow that led to the firm’s collapse in May 2018 and subsequent sale. At the time it was made public that Wincanton would […]
Civil engineering and earth moving group Pryor is understood to have issued an intention to appoint administrators.
Wincanton has been forced to make redundancies to offset falling profit in its Industrial and Transport division.
Wind turbine transport firm West of Scotland Heavy Haulage has entered administration due to “growing competition, rising costs and unsustainable cash flow problems”.