NV Transport in Chichester has entered liquidation with the loss of 50 jobs. Following a meeting at the company on 29 May, FRP was appointed to voluntarily wind up the business and auction off its assets. According to joint liquidator Ian Vickers, the business, whose principal trading address was in Runcton and which operated a total of 42 HGVs and 63 trailers out of three bases in the south east, had experienced cashflow pressures and ceased trading on 14 May. […]
Transport firms facing collapse in the wake of the Covid-19 pandemic have been thrown a lifeline in the form of a new law.
Manchester construction bulk haulage firm Digway has entered administration after 50 years in business.
An online sale of assets belonging to an Oldham-based logistics firm that entered administration in June has raised around £45,000 – but creditors are still unlikely to be paid.