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 […]
Cutthroat competition and unprofitable contracts have forced aviation logistics group Global Eyes into administration with the loss of more than 80 jobs.
Yodel has appointed a new finance director, Andrew Sturzaker (pictured), following a year of record business growth.
The administration of Manchester construction haulier Digway was precipitated by Stobart Rail withholding £317,000 from the company after its new management discovered it had overpaid by hundreds of thousands of pounds.