The demise of Gulliver’s Truck Hire in December last year was triggered by an increasingly competitive market, falling demand for trucks and vans and “issues” with the firm’s three axle tractor units, according to the firm’s administrators. The Bristol-based company, which operated a fleet of 3,800 commercial vehicles and employed 282 staff across seven sites, went into administration on 18 December last year, owing £16.9m to 680 creditors and £76m to 13 HP funders. A report published this month by […]
Vehicle rental firm Fraikin has welcomed a new chief executive and chief finance officer to its board of directors.
Southampton’s Harris Transport, which ceased trading last week, has now been placed into administration.
Palletways bought Dalkeith for the second time this year, after it went into administration in August.