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

Loss of £900,000 British Gas deal final nail in Trailar coffin, administrator reveals

Start-up firm Trailar Limited, which provided solar-powered panels for trailer roofs, collapsed into administration in August this year, owing £2.1m, after being hit by Covid, the Ukraine War, the international chip shortage, and a costly and failed attempt to gain equity funding, which contributed to British Gas pulling out of ...

Struggling waste haulier sold to director’s son

Hampshire haulier PL Transport Logistics has been sold to its sole director’s son for £360,000 after it collapsed into administration.

Latest Administration news

Cartwright Bros site sold for seven figure sum

2024-11-21T14:20:00+00:00By Chris Tindall

A former industrial unit that belonged to Cartwright Bros (Haulage) has been sold for its asking price of £3.3m following a bidding process.

McGregor Logistics sold in pre-pack administration agreement

2024-11-15T11:42:00+00:00By Chris Tindall

Stricken South Yorkshire haulier McGregor Logistics has been sold in a pre-pack deal for £1.7m to an unconnected business, saving dozens of jobs.

Truswell collapses with 86 staff made redundant

2024-11-14T10:57:00+00:00By Chris Tindall

John Truswell & Sons, known as Truswell Haulage, has become the latest victim of crippling market conditions and entered administration.

Administrators take control of South Yorkshire haulier’s business

2024-11-07T12:25:00+00:00By Chris Tindall

McGregor Logistics in Doncaster has officially appointed administrators to take control of its affairs, almost a month after it signalled it was in financial difficulties.

SmartHub Logistics moves to appoint administrators

2024-11-04T12:38:00+00:00By Carol Millett

Construction logistics consolidation specialist SmartHub Logistics has given notice of its intention to appoint an administrator.

Inflation to blame for Wiltshire haulier’s administration

2024-11-01T14:33:00+00:00By Chris Tindall

SL Transport’s collapse can be directly linked to soaring inflation which led to it suffering a loss of more than £200,000, according to its administrator.

Administrator spells out Kettering container haulier’s struggles

2024-10-31T10:26:00+00:00By Chris Tindall

Almost 100 trade creditors of a Northamptonshire haulage firm that collapsed in the summer are owed nearly £1m, according to its administrator.

Pre-pack administration sale of JLF Moving Solutions after debts rack up

2024-10-24T10:24:00+01:00By Chris Tindall

JLF Moving Solutions, a business within the Shift Group of companies, has been sold in a pre-pack deal after it hit financial difficulties, saving 55 jobs.

AE Chilled snapped up for £100,000

2024-10-17T14:29:00+01:00By Chris Tindall

The pre-pack sale of AE Chilled in August, caused largely by the collapse of its key customer UK Salads, cost £100,000, its administrator has revealed.

H. Parkinson’s demise linked to dilapidations dispute

2024-10-17T12:27:00+01:00By Chris Tindall

The company had been trading for more than 60 years.

More Administration news

Opinion

Workplace violence can have a depressing effect on HGV drivers

Reports suggest that work-related violence in the UK is rising. Professional drivers, in particular, are feeling the brunt of this shift. Their work is increasingly coming with a heightened level of risk, with drivers experiencing an above-average workplace violence rate, according to an HSE report. But what does this violence ...

Autumn Budget will hit hauliers hard on staff and vehicle costs

Jamie Cartwright

Autumn Budget a “mixed picture” for road transport

The Autumn Budget offered a mixed picture for businesses in our industry. There were some positive developments, and some unwelcome developments.

Flexibility will be key to a sustainable future

The transport sector is always on the move, both literally and figuratively. Developments are currently being driven by fluctuations in trailer demand, technological advancements, and an increasing emphasis on sustainability. As companies adapt to these shifts, leasing and renting options are becoming more appealing for those looking to manage their ...

Latest opinions