West Midlands haulier Adam Jones and Sons collapsed into administration and closed down after racking up losses of more than £450,000 due to the Covid-19 pandemic, according to insolvency experts. The Halesowen business was forced to appoint administrators on 24 May, just three years after it was acquired by investment firm OTIF Holdings and its closure led to 50 redundancies. In a report to creditors, FRP Advisory said the company had endured a number of challenges, including the pandemic in […]
Ocado is to develop a fourth hub in south-east London, as the popularity of online shopping continues to drive the need for more capacity.
The transition from Norbert Dentressangle to XPO Logistics in 2015 saw the 3PL make strong turnover gains across its three primarily road transport based activities in the UK.
Transport and logistics operations at The Russell Group have not been affected by recent financial problems at group company Icetech Freezers, the firm has stated.