Fruehauf’s collapse can be attributed to a toxic mixture of Brexit, Covid-19 and a global shortage of materials, according to its administrator. In a report into the trailer maker’s descent from a leading manufacturer of tipping trailers holding 90% of the market share, Quantuma Advisory said unverified draft accounts for the year ending 30 September 2020 showed a significant loss of £2.7m. The administrators said since the business was incorporated in 2010, it was renowned for its production, quality control […]
The administrator of City Link has revealed that around 20,000 parcels remain in its network.
County Antrim-based vehicle operator Woodside Haulage (Holdings) managed to boost turnover by nearly 10% in the year to the end of March 2014, its latest accounts have shown.
The DfT has been lambasted by the Public Accounts Committee (PAC) for failing to ensure sufficient cross-channel freight capacity in the event of a no-deal Brexit.