A Felixstowe-based transport and warehousing company collapsed following a decision by the nearby port to terminate its storage agreement, according to administrators. Karl King Transport operated 60 HGVs split between three depots, including premises within Felixstowe Port, which were used to service its major customer Aldi. Expansion of this contract in 2018 meant it had to source premises with additional capacity and as well as a warehouse at the port, administrators at Parker Andrews said the haulier also struck a […]
AM Widdowson’s unsecured creditors have been left almost £13m out of pocket after the pre-pack sale of the haulier in July.
A Redditch-based transport firm that entered administration a year ago, putting 39 employees out of work, has enough funds to pay them all the money they are owed.
A Telford-based haulage firm has entered liquidation three months after it had its operator licence revoked at a public inquiry.