One of the largest independent plant hire firms has entered administration, two months after it said the collapse of Carillion had caused it disruption. Restructuring firm EY was appointed to Shropshire-based Hawk Plant (UK) on Monday (14 January), as well as to subsidiary businesses Hawk Plant Hire, Hawk Hire, Safety and Training, Hawk Plant and Hawk Plant Sales. On appointment, the administrators made 83 of the group 420 staff redundant. Its last set of accounts, for the year ending 31 […]
Wholesale drinks distributor Waverley TBS is being wound-up by its administrators after they failed to find a buyer for the business. The company, which has two large DCs at Punchbowl Park in Hemel Hempstead and Felling, near Gateshead, as well as smaller deports across the UK, was licensed to run more than 300 vehicles. These were operated via a combination of own-account and third party providers. As a consequence of the failure to find an outright buyer, 685 Waverley employees […]
While Motortransport.co.uk did not see as many industry insolvencies or closures in 2016 as in previous years, there were still a number of high-profile cases that shocked the transport sector.
Palletways UK has purchased longtime haulier member Systematic Logistics International (SLi) after it was placed into administration yesterday (29 November).