Debts relating to road traffic accidents racked up by former drivers of a Birmingham contract haulier have been written off after it was concluded it would not be cost effective to track them down. Contact Transport entered administration in April 2017 and soon afterwards, RSM Restructuring told its creditors that the company had secured court orders against employees and subcontractors who were found to be at fault in road traffic accidents. The debts totalled almost £40,000. Agents were instructed by […]
DBC Foodservice had no vehicle assets despite having 230 of them when it went under in March, as its fleet was run on a contract-hire basis. The £300m turnover company supplied some of the best known cafes, restaurants and bars on the high Street including Caffé Nero, Prezzo, Loch Fyne and vodka bar chain Revolution. DBC’s fleet of mainly Dafs delivered 8,000 multi-temperature products to customers each year. However, after attempts to sell the business earlier this year failed, administrator […]
Interim results for Eddie Stobart Logistics (ESL) show that the troubled firm made a loss before tax of £199.8m in the six months ending 31 May 2019.