One of the UK’s leading independent, family-owned transport firms, Toogood International Transport and Agricultural Services, has collapsed into administration and ceased trading. Advisory firm Mazars said the Pucklechurch, Bristol haulier had been struck by a range of problems, including Brexit and Covid-19, which had made for a difficult trading environment. However, more recently it was faced with a loss of international freight work, the ongoing driver shortage and then substantial increases in fuel prices. Its cash flow difficulties meant that […]
Somerset’s Peter Green Haulage said a focus on fleet utilisation and reducing high fixed costs helped boost turnover by more than 10% last year, to £17m.
A union representing workers at two XPO Logistics sites said a report earlier this week that the operator and its client House of Fraser had reached a compromise appears to be false.
East London-based haulage and freight forwarding firm Cargo Worldwide (UK) has entered administration.