Bristol-based freight firm Drive Force (UK) has entered administration. Calls to its Gloucester Road, Avonmouth office were not being answered, but motortransport.co.uk understands that Paul Wood and Simon Haskew at Begbies Traynor were appointed as administrators of the business on 4 June. Incorporated in 1999, the company are specialists in bulk car and HGV distribution and storage across the UK and Europe. It provides automotive logistics solutions to customers in the automotive sector, including manufacturer operations and port deliveries, auction […]
Derbyshire-based Surfair Global Logistics has called in the administrators.
A pre-packaged sale of Leicester transport firm AM Widdowson and Son was the culmination of a torrid two years that included the loss of contracts, under-estimated fuel costs and management systems that were not fit for purpose.
No doubt about it, 2012 was incredibly tough for UK logistics operators. Profits were low, costs were high and obtaining credit to invest remained hard. The double-dip recession we all feared is in danger of turning into triple-fall and GDP growth was more sluggish than a snail on valium. Forecasts for growth in 2013 range from 1% by the Bank of England (BoE) to 1.4% by the Confederation of British Industry, with the BoE also predicting that it will be […]