Hampshire logistics firm Alton Transport Service has entered administration. The company appointed Quantuma LLP to handle its affairs on 28 August, but according to director Michael Larvan, it has found a company to purchase its assets. When MT contacted the company, Larvan said: “We have been seeking advice from a solicitor and appointed an administrator. Someone else bought the assets and things will continue. The long and short of it is we have had a number of big boy companies […]
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.
More than one-third of transport and haulage businesses in the UK are at risk of collapse, according to insolvency trade body R3.
Pall-Ex Group has moved to reassure customers that it has the resources to maintain smooth trading with international businesses amid the ongoing challenges of Brexit.