Kinaxia buys Nelson Distribution as parent company KNP Logistics files for administration

The future of Hellmann Worldwide Logistics rests on the success of a major refinancing deal being negotiated by its German parent company, the 3PL’s auditor KPMG has warned.

Sprintdeliver went from a profitable distribution firm to making a £156,000 loss in just 12 months, as the impact of Covid-19 and a shortage of drivers hit the Derbyshire operator.

Lincolnshire-based international haulage firm Brit-Pol has closed down with the loss of 80 jobs. Administrators at Begbies Traynor were appointed to the family-run company, which had been trading since 2011, on 11 January and it ceased trading immediately. Based in North Killingholme, the haulier held an international licence authorising 108 HGVs and 145 trailers out […]