Pall-Ex Group has agreed a management buyout that will see founder, owner and chairwoman Hilary Devey step away from the day-to-day running of the business. The BBC’s Dragon’s Den star has agreed to sell the group to its network membership and management. Contracts were signed on 15 October and the deal is expected to be completed by 31 October. The deal, which Pall-Ex believes is the first of its kind, will offer UK and European members what it described as […]
Operators struggling to meet financial standing can now be offered a period of grace of up to a year to get themselves on a firmer footing, according to transport lawyers.
Government road projects generating demand within the construction sector helped Bowring Transport perform strongly last year, according to its latest annual results.
The RHA’s claims of a “breakthrough” in its talks with ministers for extra support for the industry may come too late for many, as its own survey reveals thousands are now at risk of going bust.