Rapid expansion and a change in the way invoices were generated were behind the failure of Slough-based Mark Priestley SDT, according to its administrator. In a report to creditors, SFP said that during 2017, turnover at the transport company more than doubled to £9m as it took on whole contract management work for a new customer. However, by the end of that year the directors realised “the correct foundations and employees were not held to complete the work” and it […]
The administrators of a Cardiff-based haulage firm are pursuing legal action against one of the company’s former directors for an unpaid debt.
C&H (Hauliers) has been acquired by CM Downton in a deal that creates a £114m a year turnover haulage group.
The collapse of Deben Transport highlights the urgent need to address the poor rates plaguing the container haulage market, the boss of Pentalver has said.