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 […]
Freight levels to Northern Ireland will fall unless border friction is sorted, Logistics UK warns MPs
Hauliers will lose out on trade between Britain and Northern Ireland if the government does not move swiftly to ease border friction, Logistics UK director of policy Elizabeth de Jong told MPs this week.
The demise of Gulliver’s Truck Hire in December last year was triggered by an increasingly competitive market, falling demand for trucks and vans and “issues” with the firm’s three axle tractor units, according to the firm’s administrators.
MT Top 100 company Deben Transport has ceased trading, with an administrator expected to be appointed later today.