Latest Administration news
Collapse of S&J European Haulage leaves creditors out of pocket by millions
The administrators of Melton Mowbray-base haulier S&J European Haulage, which went under in March last year, have revealed that there are insufficient funds to fully reimburse the company’s secured creditors, whilst other creditors, will receive no payments at all.
Bucks bulk tipper firm in administration
Grain, feed and aggregate haulier Adstock Bulk Solutions has entered administration after almost 13 years of trading.
Yorkshire haulier’s directors ‘unaware’ of loss-making troubles
The directors of stricken haulage firm TEF Transport were unaware of the scale of its debts until just days before it was forced to close down, its administrator has revealed.
Electric cargo bike company Zedify collapses after failing to secure new funding
Electric cargo bike logistics firm Outspoken Logistics, which trades as Zedify and counts Evri and Zara among its partners, has called in the administrators after failing to secure new funding.
Rate of new business failures in logistics sector still high but falling, new data reveals
New data from Kidderminster-based haulier Breakwells Transport delivers a glimmer of hope for the UK’s haulage industry, revealing that new business closure rates decreased between 2023 and 2024.
TEF Transport’s creditors owed more than £2m
TEF Transport could owe more than £1.2m just to the companies it did business with, according to newly filed papers by its administrator.
Assets of collapsed haulier TEF Transport up for auction
Just over a month after calling in the administrators, Yorkshire-based TEF Transport’s assets, including a fleet of 30 trucks and 60 trailers, are being auctioned off.
Total Home Delivery boss on the “heartbreaking” end of his business
The boss of a company that swooped in and took on all of Star Transport & Warehousing’s contracts, staff and customers when it collapsed into administration, has apologised “from the bottom of my heart” to anyone affected by its own collapse last September.
Administrator summarises pressures faced by collapsed firm Truswells
Truswell Haulage, the transport company that had been operating since 1940 and ran more than 100 HGVs, collapsed last year due to “macroeconomic factors and industry-wide challenges”, according to its administrator.
Jobs saved after Smarthub snapped up by parent company
A Rainham construction logistics specialist has been saved by its parent firm in a £50,000 pre-pack deal that experts said would save at least 17 jobs.