Trade creditors of Prolog may only receive a tiny fraction of the estimated £10m owed to them after the company entered administration and was then sold off in parts. In a report to creditors, Mazars said the warehouse and distribution firm – registered at Companies House as Promotional Logistics but which traded as Prolog – […]
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CM Downton’s deal to buy C&H (Hauliers) has created a haulage group with an annual turnover of more than £114m, and set it on the path to becoming a true 3PL.
D&A Media Bristol has entered administration, with some of its customers and employees transferred to a new company set up by its former owners.
“Economic headwinds blew Cross Transport off course Shortly after it entered insolvency proceedings, administrator David Kemp said many haulage firms had struggled during 2022, blaming rising fuel prices and the professional driver shortage as well as many companies in the industry operating under the pressure of thin margins.” motortransport.co.uk 8 September 2023 So, we have: […]