One of the longest-standing haulage businesses in Manchester has been saved after it entered administration following a failed attempt to purchase another firm, according to its director. General haulier Stanian Transport, which held an O-licence for 35 trucks and 50 trailers, appointed administrators Alvarez & Marsal Europe on 18 November. Director Theresa Chambers told MT that its failure was not down to anything it had done wrong and that it had been trading “as normal”. But she added: “The catalyst […]
Simpsons Logistics transferred 70 employees to another company when HMRC attempted to wind it up and agreements with APC Overnight and The Pallet Express (TPN) were cancelled, according to administrators.
Wholesale drinks distributor Waverley TBS is being wound-up by its administrators after they failed to find a buyer for the business. The company, which has two large DCs at Punchbowl Park in Hemel Hempstead and Felling, near Gateshead, as well as smaller deports across the UK, was licensed to run more than 300 vehicles. These were operated via a combination of own-account and third party providers. As a consequence of the failure to find an outright buyer, 685 Waverley employees […]
Canute Haulage Group creditors stand to lose millions of pounds following the sale of the business earlier this month via a pre-pack administration.