Turnover at county Durham car transporter Beamish Transport plummeted by 20% in 2018 “arguably because of Brexit uncertainty”, according to its administrator. In a report to creditors explaining how the established and profitable business was forced to close down in March of this year, KSA Group said the car sector had been beset by lower volumes and fierce competition. This was due to oversupply and lower demand for vehicle movements, it added. However, the referendum vote in favour of leaving […]
Cleveland Police is undertaking a “complex financial investigation” at an HGV training company that collapsed into administration earlier this month.
Former staff at Lincolnshire sugar beet haulier M and J Haulage are expected to be paid outstanding claims shortly following the firm’s collapse into administration last year.
Cannock-based transport and training company Go Direct Recruitment Services has gone into voluntary liquidation after an accounting error left the firm with debts of more than £2.8m.