Cardiff Container Link entered into administration after “key personnel” at the company became ill and were absent from the business. The background to the Roath Docks-based container haulier’s financial woes is contained in a report to creditors, which explained that it had expanded and traded well up until January 2020. At this point, after five years of trading, the company began to experience cash flow constraints, which administrators at RSM Restructuring said was “due to a variety of factors, including […]
TT Express (Oldham) has been sold to John Raymond Transport in a pre-pack deal after it went into administration last week (15 September).
CM Downton’s deal to buy C&H (Hauliers) has created a haulage group with an annual turnover of more than £114m, and set it on the path to becoming a true 3PL.
More than 40 drivers at Allied Bakeries’ Saltney DC are facing redundancy, after the baker confirmed this week it is to close the depot in November as part of an overhaul of its distribution network.