Deloitte has been confirmed as the administrator of Grangemouth-based Duncan Adams. Following the administrator’s appointment yesterday (6 March) after unsuccessful efforts to sell the business, 132 of the haulier’s 144 staff were made redundant. According to Deloitte, the Palletways member had a fleet of around 100 trucks and an annual turnover of circa £16m. Michael Magnay and Clare Boardman of Deloitte said in a statement that due to certain client contracts, the company has been incurring significant losses. “Together, with […]
A year after taking on the role of commercial director at pallet network Fortec, after 13 years looking after the finances, Marcus Fischer reflects: “It’s been an interesting 12 months. We have taken the next big step in Fortec’s evolution. Our MD Neil Hodgson and I spent 2012 refining the network and creating a solid business. My new role helps take Fortec on the next stage of its journey.”
Pallet-Track has appointed Julian Maturi as the network’s new non-executive chairman, replacing John Allen.
The road transport industry battled on against the ‘beast from the east’ and Storm Emma this week, but many operators have been left counting the cost.