Felixstowe operator folded after storage deal was terminated


 

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 […]