Telford Transport Solutions, a West Midlands transport, 3PL and fulfilment specialist employing around 70 people, has entered administration.
However, the company has told Motor Transport that the business has been sold, with 45 jobs preserved as a result.
A company spokesman said the buyer was not connected to the existing business and was not involved in the freight sector.
“It gives financial stability and the leadership that they need,” he said.
The business, established in 2009, served customers in food, clothing, pharmaceuticals, medical equipment, furniture and electronics.
The company holds an operator licence for 17 HGVs and 41 trailers, operating from three Telford depots. In March, it was granted permission to increase its HGV authorisation at its Hortonwood headquarters.
