Roanza, the Mercedes truck dealer that entered into administration last month, had been racking up losses for several years, according to insolvency practitioners. The company operated across eight leasehold sites predominantly in the north west of England and employed 441 staff, including at subsidiary Premier Vehicle Rental – which entered administration on the same day, 8 September. In a report to creditors, Jason Bell and Sarah O’Toole at Grant Thornton, said a deterioration in trading performance was driven by a […]
While Motortransport.co.uk did not see as many industry insolvencies or closures in 2016 as in previous years, there were still a number of high-profile cases that shocked the transport sector.
Getting groupage into Northern Ireland is “one of the hardest things to get right” a senior Cabinet Office official told a Parliamentary Committee this week.
Palletways increased turnover by 4% last year, due to more members joining the network, but it warned that Covid-19 is expected to have an impact on its financial performance.