Administration

Assets of established transport, logistics and warehousing business to be auctioned by BPI

TEF Transport’s assets to be auctione...

Jan 15, 2025No Comments

RICS-regulated asset valuers BPI Asset Advisory have been instructed to value and dispose of TEF Transport Limited’s company assets following the appointment of Kelly Burton

Caledonian Logistics alongside a ship in the harbour

Caledonian Logistics Administration

Dec 09, 2024Comments off

Caledonian Logistics, a prominent transport operator in the UK, has fallen into administration, marking yet another setback for the haulage industry. With a history of

PW Gates and Mars Jones

Hertfordshire haulier acquires historic Nor...

Nov 18, 2024Comments off

A growing Hertfordshire haulier has completed the acquisition of an historic North Wales logistics firm in a move predicted to deliver significant growth and efficiencies

The Collapse of Truswell

86 jobs lost as Truswell Haulage enters adm...

Nov 15, 2024Comments off

The collapse of Truswell Haulage, a long-established name in the UK logistics industry, has left 86 employees without jobs and sent ripples through the wider

New Era Energy Acquires Commercial Fuel Solutions

New Era Energy acquires Commercial Fuel Sol...

Nov 13, 2024Comments off

New Era Energy has announced the acquisition of Commercial Fuel Solutions (CFS) Limited, a leading, UK-based provider of refuelling infrastructure. New Era Energy’s broad fuelling

Hi Phi luxury car range

Hi Phi bankruptcy a warning to fleets

Aug 21, 2024Comments off

Human Horizons, the parent company of luxury EV brand Hi Phi, has entered the pre-reorganization phase after filing for bankruptcy, marking a critical moment in China’s

H Parkinson Haulage goes into administration

Preston-based H Parkinson Haulage enters ad...

Aug 19, 2024Comments off

H Parkinson Haulage, a prominent name in the haulage industry based in Preston, Lancashire, has entered administration with FRP Advisory taking control. This potentially marks

Tevva 7.5t electric truck in London

Tevva Motors enter administration

Jun 12, 2024Comments off

On the 6th of June 2024, Tevva Motors appointed administrators to wind up the business. The administrators have indicated that a rescue bid would be

Wincanton Truck

GXO completes its acquisition of Wincanton

May 03, 2024Comments off

On 29 February 2024, GXO announced its firm intention to make a cash offer to acquire the entire issued and to be issued share capital

Business meeting

Navigating multi-entity accounting followin...

Mar 22, 2024Comments off

Despite continued economic pressures, deal volumes in the logistics industry appear to be on the up. According to research from BDO, transaction volumes in the