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. […]
Grangemouth Dock-based Duncan Adams is believed to have been placed into administration putting 148 jobs at risk.
Creditors of Bedworth Haulage said they picked up on rumours of trouble at the company in the weeks before it entered administration.
Deben Transport was unable to save itself despite taking cost-cutting measures leaving it with no choice but to cease trading, as revealed by Motortransport.co.uk on Monday, its administrator has said.