Air freight logistics and refrigerated transport company Mark Priestley SDT has been sold to a new company after it entered administration. The Slough-based company, which held an international and national operators’ licence and ran more than 20 lorries out of four operating centres, went into administration on 22 February after a winding up petition was issued against it. Administrators at SFP said Mark Priestley SDT, which has two directors – Daniel and Mark Priestley – experienced substantial growth in 2017 […]
Almtone-owned Canute Group will cease trading ahead of Christmas with the loss of 600-plus jobs, after attempts to revive the business in May via a controversial pre-pack sale failed.
A Birmingham contract haulier that entered administration earlier this year went from a £1m pre-tax profit to a £100,000 loss in just 20 months’ trading.
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 […]