Deben Transport’s claim for damages in relation to the truck cartel could be as much as £8m and, if successful, would potentially result in a payout to trade creditors, according to the administrator. The Felixstowe haulage firm collapsed in 2015, with an estimated £2.4m owed to unsecured creditors and more than £1.4m owed to HMRC. Administrators Ensors said the company would now enter liquidation and that, as things stand, preferential and unsecured creditors would not receive a return. However, this […]
Despite being “significantly impacted” by the Covid-19 pandemic, Gregory Distribution Holdings has rallied, with profits up by a third, according to its latest annual results.
Wincanton has told investors that its full year turnover will be lower than 2018’s, after the late start of a number of new contracts failed to offset its exit from several low margin deals.
Landbridge Logistics has stepped in to take over some of Surfair Global Logistics’ contracts after the company’s voluntary liquidation this week, Motortransport.co.uk has learnt.