Cartwright Group has gone into administration today resulting in 490 redundancies at S Cartwright & Sons (Coachbuilders) and Cartwright Fabrications and the sale of subsidiaries Cartwright Finance, Cartwright Fleet Service and Cartwright Rentals to Contract Vehicles, the commercial vehicles division of leasing and fleet management firm Zenith. The sale of the businesses and their assets also sees 259 employees transferred to the new owner. They will continue to trade as part of Zenith. The move creates the UK’s largest HGV and […]
The MD of Buxton-based Lomas Distribution has expressed his delight after the company secured the Winsford warehousing business of collapsed firm Seafield Logistics saving jobs in the process.
Pre-tax profit fell by almost a third at UK Mail in a year that saw the group move to a new hub and fit-it with incompatible parcel sorting technology.
Despite the continuing uncertainty over the UK economy and the future of foreign drivers post-Brexit, confidence amongst UK’s logistics businesses has risen from the historic low registered in the first half of 2016, according to a new survey. Although the latest UK Logistics Confidence Index from Barclays and Moore Stephens, remained depressed at 53 in the second half of 2016, compared with the high point two years ago of 71.4, it is at least up from the 51.8 low seen […]