Administration watch

A record 494 British haulage businesses entered insolvency in 2023, nearly double the number two years earlier, according to the latest data from the Department for Business and Trade.

It is also estimated that 33% of businesses in the sector are deemed maximum risk, up from 22% 12 months ago.

At Motor Transport we track and report on all the latest company administrations and liquidations in the transport and logistics industry.

Administration Watch provides you with detailed news stories and features, in date order, of every affected operator and manufacturer.

Administration news

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St Albans plant rental company ceased trading following financial troubles

The administrator for heavy vehicle rental business Gradewell Plant & Haulage confirmed that the business had closed down and all staff made redundant after more than 20 years of trading.

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Heavy vehicle rental firm collapses into administration

St Albans and Iver-based plant and vehicle rental firm Gradewell Plant & Haulage has entered administration after HM Revenue & Customs served a winding-up petition on it.