Trade creditors owed money following the collapse of Norfolk waste and tankering business Harveyson Haulage are now expected to receive a dividend. The company entered administration in July 2018 and after a period of trading through its administration in order to preserve its goodwill, the haulier’s business and assets were sold to HH Tankering Services – which shares two of the same directors – for £52,000. In a report to creditors, administrator Quantuma said payment had been received in full […]
A shortage of suitable subcontractors contributed to a squeeze on margins at automotive logistics specialist Brit European Transport in its last financial year.
Sales of compressed and liquefied natural gas (CNG/LNG) have hit record highs, with volumes more than doubling between Q4 2019 and the first quarter of this year, according to Gasrec.
The combination of the £16m sale of its former automotive logistics division and securing a “significant” customer wins towards the end of its last financial year helped Eddie Stobart Logistics generate a £21m surplus, which was used to repay its debt.