Woodall Group was kicked out of The Pallet Network (TPN) because it owed the Eddie Stobart-owned business £350,000, according to the firm’s administrator. The Birmingham transport company entered administration in February and Duff & Phelps is currently realising property in order to pay secured and preferential creditors. It is unlikely trade creditors, estimated to be owed £1.1m, will be paid. Woodall Group was the trading name for Woods (Haulage), which incorporated in 1942. According to the administrator, it traded profitably […]
The Pallet Network’s (TPN) new hub at Prologis Park Midpoint in Minworth is taking shape ahead of its planned opening next year.
Eddie Stobart Logistics has seen its group turnover surge by more than a third thanks to a shopping spree that has seen it buy iForce, half of Speedy Freight and The Pallet Network (TPN).
Burdens, the civil engineering products and construction materials supplier, has been placed into administration. The company, which has 20 operating centres across the UK and an O-licence to run up 127 vehicles plus trailers, is in the hands of administrator Duff & Phelps. “We will continue to trade the company as a going concern whilst we continue discussions with those parties interested in acquiring some, or all of the remaining branches,” said administrator Philip Duffy. WTB Trading, the main trading […]