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Latest Administration news – Page 2
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ArticleDo not bury your head in the sand over cyber crime, hauliers warned
From left: Stephen Hards, Paul Abbott, MT editor Steve Hobson and James Hall Last month Motor Transport in association with Bosch CyberCompare held a webinar looking at the growing problem of cyber attacks. These can leave a business crippled and facing demands for ransoms that could destroy ...
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ArticleAdministrators appointed to John Dinham Transport
Bristol-based John Dinham Transport has become the latest haulage business forced to appoint administrators.
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ArticleSignificant number of redundancies as Youngs Transportation and North West Cargo succumb to administration
Two more major road haulage businesses, Youngs Transportation & Logistics and North West Cargo, have entered administration with a significant number of redundancies.
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ArticleAAD Transport in administration with 65 jobs in doubt
Kirriemuir-based haulage firm AAD Transport is up for sale after falling into administration this week.
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Article“Challenging” market conditions tip Arrival into administration
British electric vehicle maker Arrival has called in the administrators after failing to raise rescue funding to launch its debut electric van, leaving around 170 jobs at risk.
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ArticleBridgetime Transport Limited calls in the administrators
Bridgetime Transport Limited, one of the biggest employers in Cwmbran, South Wales, has called in the administrators.
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ArticleCapper’s administrator explains firm’s failure
WJ Capper Transport’s demise was prompted by the Covid-19 pandemic which had a “severe impact” on the Shropshire business, according to its administrator.
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ArticleBritish electric van start-up Arrival faces threat of insolvency as it struggles to raise funding
Troubled British electric van start-up Arrival is in talks with EY about recruiting an administrator, if the company cannot secure rescue funding, according to reports.
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ArticlePre-pack sale saved parts of Bomfords’ operation
Bomfords Haulage’s goodwill and some of its assets were sold in a pre-pack deal to a subsidiary firm in the Bomfords Group, which helped rescue some of its business and staff, according to the administrator.
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ArticleLoss-making contracts contributed to demise of Gwynedd Shipping, administrators reveal
A number of loss-making contracts contributed to the demise of Anglesey-based logistics and shipping firm Gwynedd Shipping, according to the company’s joint administrators.
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ArticleGwynedd Shipping: Welsh logistics firm files for administration
Anglesey-based logistics and shipping company Gwynedd Shipping Limited has filed for administration this week, leaving scores of staff facing redundancy.
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ArticleHMF Services (Transport) falls into administration
Kent-based FORS Gold haulier HMF Services (Transport) has called in the administrators.
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ArticleBomfords Group in administration
Norfolk haulage firm Bomfords Group has collapsed into administration.
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ArticleW H Barley staff take legal action over firm’s collapse
A group of former employees of W H Barley (Transport and Storage) are taking legal action against the company following its collapse into administration just four days before Christmas.
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ArticleW H Barley enters administration
Milton Keynes-based pallet distribution and warehousing firm W H Barley (Transport and Storage) has entered administration.
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ArticlePre-pack sale of Magnus Group in creditors’ best interests, according to administrator
Magnus Group was making a £1m loss before it was sold in a pre-pack deal for £20,000, according to a report to creditors.
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ArticleVolta Trucks bought out of administration by Luxor Capital Group
Volta Volta Trucks has been bought out of administration by New York-based hedge fund Luxor Capital Group for an undisclosed sum, in a move which has been hailed as safeguarding the future of the electric truck start up.
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ArticleAcclaim Logistics acquires Steve Porter transport assets
Isle of Wight shipping specialist Acclaim Logistics has taken on nearly 20 staff members at the collapsed Steve Porter Transport Group as well as former MD Malcolm Gibson, after acquiring some of the assets of the company.
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ArticleS&L Services in administration with the loss of 33 jobs
The failure of a Stoke haulage operator was caused by soaring fuel prices, post-pandemic supply chain issues and a £100,000 bad debt after Kenyon Road Haulage collapsed, a report has revealed.
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ArticleJAD Trans Scotland enters administration
North Lanarkshire-based haulage firm has entered administration despite “significant efforts” by the directors to keep the business going. JAD Trans Scotland appointed French Duncan LLP to handle its affairs on 10 November after it had accrued significant debts which it was no longer able to service. The transport ...