Hampshire haulier Alton Transport Service has admitted that taking on “loss making” work from Palletline and losing a contract from Tarmac were to blame for its insolvency. The directors explained to administrators why the firm was struggling to continue trading shortly before the business and assets were sold in a pre-pack deal to Alton Transport Storage at the end of August. In a report to creditors, Quantuma LLP said the company directors had advised them that it had become insolvent […]
June 14, 2019 Chris Tindall
NV Transport in Chichester has entered liquidation with the loss of 50 jobs.
Bedfords Group has been placed into administration and has ceased trading.
City Link’s administrators have made more than 2,300 staff at the failed business redundant.