Car transporter Beamish Transport has ceased trading due to the downturn in the car industry and uncertainty surrounding Brexit. The county Durham firm appointed administrators from KSA Group today (8 March) to achieve “an orderly closure”. Dominic Fisher, Beamish Transport’s operations manager, told motortransport.co.uk the decision was “massively sad” and meant making up to 76 drivers redundant, plus office staff. He said its closure was due to “the incredible ongoing pressure in the industry caused by the diesel emissions scandal, […]
The government has rejected calls from two select committees for an urgent change in insolvency law, after the collapse of City Link last Christmas left sub-contractors and non-secured creditors £30m out of pocket.
The industry must present its Brexit wishes to government with a united voice in the lead up to the UK’s exit from the EU, MP Rob Flello has said.
A disorderly Brexit could see the UK logistics sector suffer losses of £6.7bn a year by 2024, according to a report published today (6 March).