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Oxfordshire haulage boss warns freight crime cripples small firms
20+ hour, 53+ min ago (277+ words) A haulage boss has warned that freight crime is putting small operators out of business. Rhys Hackling, founder of Direct Connect Logistics in Bicester, said freight theft is a threat to the industry, with one stolen load capable of wiping…...
Grande Prairie hauling companies placed into receivership
6+ day, 8+ hour ago (124+ words) Insolvency Insider Canada Grande Prairie hauling companies placed into receivership Grant Thornton appointed after RBC demanded repayment of approximately $1.72 million Alberta West Transport Ltd., Bison Oilfield Services Ltd. and Ridgeline Forest Contracting Ltd. were placed into receivership on August 20, 2026, on…...
Historic haulier collapses amid mounting cash-flow pressure
6+ day, 23+ hour ago (780+ words) A family-run Scottish haulage company has ceased trading after almost six decades, with all seven remaining jobs lost. VG Mathers blamed rising operating costs, payment problems and fluctuating demand for choking its cash flow – and its latest filed accounts show…...
All jobs lost as Scottish haulage company collapses into liquidation
1+ week, 1+ day ago (253+ words) A haulage company has collapsed into liquidation with all jobs lost. The liquidator highlighted “significant pressures” on the haulage business, which was established in 1968. Michael Reid, head of insolvency services in Scotland for MHA, has been appointed liquidator of VG…...
Major Logistic Company Struggling To Raise $180M Funding As Retail & Construction Markets Wobble.
1+ week, 4+ day ago (546+ words) Team Global Express, the logistics group used by construction companies, consumer electronics brands, appliance makers and their distributors, is scrambling to raise $180 million as auditors warn the business may not be able to continue as a going concern. The company,…...
Transport Tech Biz Tracsis Closes £48M Buy Of Software Biz - Law360 UK
2+ week, 6+ day ago (60+ words) Transport Tech Biz Tracsis Closes £48M Buy Of Software Biz Law360 Try our Advanced Search for more refined results The Practice of Law Deep News & Analysis Law360 | The Practice of Law Law360 Authority | Deep News & Analysis Law360 Pulse | The Business of Law Transport Tech Biz…...
UK hauliers are going bust faster. But Europe's got it worse
3+ week, 4+ day ago (851+ words) UK road haulage insolvencies are climbing again, up 20% month on month in July. But it's Europe that's flashing red — the EU's transport bankruptcy index has just hit a record high, up 21% year on year. The number of road freight and…...
DB Cargo UK put up for sale in major restructuring
3+ week, 5+ day ago (183+ words) DB Cargo UK, the British arm of Germany’s state-owned freight operator, has announced details of a multinational corporate restructuring. The most significant move is confirmation that the business will ultimately be offered for sale. UK Editor and Specialist for WorldCargo…...
Leeds freight firm shut down over unpaid debts
3+ week, 5+ day ago (204+ words) Malcolm Wright Associates Limited was investigated after it was found to owe substantial amounts to various international firms A Leeds-based freight company has been closed down after running up substantial debts to a number of international creditors. Malcolm Wright Associates…...
Leeds freight firm in £700,000 of debt forced to close
4+ week, 1+ day ago (438+ words) The firm has debts with companies around the world, the Insolvency Service said An international freight company with debts of almost £700,000 has been forced to close after an investigation by the Insolvency Service. Leeds-based Malcolm Wright Associates was found to…...