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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Garage manager fraud and depot losses drove Welsh haulier to collapse

Freight Movement’s collapse into administration was brought about by financial difficulties caused by significant losses at one of its depots, bad debts and an employee defrauding it.

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CF Booth administrator completes sale of business and assets

The business and assets of CF Booth have been bought by a subsidiary of Yorkshire metal recovery and waste recycling company Ron Hull Jnr, saving 29 jobs.