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 […]
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.
Kitchenware retailer Lakeland is to spend £10m expanding its DC in Cumbria by 50% to provide additional capacity to match expected sales growth in the UK and abroad. The company celebrated record sales in 2012 and is looking to add to its 60-strong high street presence in the UK in the coming years, as well as opening shops abroad. With e-commerce sales averaging double digit growth year-on-year at present, it has decided to sign off on a project to expand […]
Davis Haulage, the Crewe-based chilled distribution firm, has been bought out of administration by competitor Buffaload Logistics.