“Historical mismanagement” combined with operating licence “issues”, Brexit and rising fuel prices led to Aspray Transport’s demise, according to a letter sent by the firm’s owners to its employees. The company, which was the delivery arm of Aspray Group, ceased trading last week, six months after the group was acquired by Bushell Investment Group, which also owns BIG Property Finance, a short term loans specialist. The leaked letter, sent to Aspray Transport’s 449 employees and seen by motortransport.co.uk, attributes the […]
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 […]
CM Downton’s deal to buy C&H (Hauliers) has created a haulage group with an annual turnover of more than £114m, and set it on the path to becoming a true 3PL.
Simpson Logistics ran out of road due to a customer dispute and creditors chasing payment, says administrator
Administrators handling the affairs of County Durham haulier Simpsons Logistics said it had stopped trading due to a combination of cash flow issues, a customer dispute and a winding up petition.