Brian Yeardley Continental is proposing to issue a company voluntary arrangement after its events transport division, TRUCKINGBY Brian Yeardley, suffered the “devastating” loss of £12m due to the Covid-19 pandemic. The West Yorkshire-based haulier has appointed partners Charles King and Hunter Kelly of EY to oversee the process. In a statement issued this week the company said that, while the company’s general cargo division has recovered to around 60% of pre-pandemic levels, Covid-19 had had a “material impact” on its […]
The administrator for contract hire and rental firm Axis Fleet Management said it now looked likely both former staff and trade creditors will receive some of their money back.
Maxi Haulage achieved a record turnover of £66.3m in 2018, but warned the impact of pre-Brexit stockpiling on its Irish operation will hit its current year’s trading.
City Link cut its first quarter losses by more than a third but remained loss-making ahead of its sale to turnaround investor Better Capital.