COVID-19

Redhead Freight to be liquidated with assets and trade transferred to DB Schenker

 
Redhead Freight is to cease to trade this month with the loss-making haulier’s trade and assets transferred to parent company Shenker AG, the logistics arm of Deutsche Bahn. The Palletforce member, which trades as Redhead International, has a fl…

Pandemic and Brexit key reasons for Saints Transport’s demise, say joint administrators

 
The impact of the Covid-19 pandemic and Brexit were highlighted as two of “numerous reasons” why air freight specialist Saints Transport was forced to close its doors this month, according to the company’s joint administrators. The privately own…

Air freight haulier Saints Transport goes into administration

 
Saints Transport has entered administration after struggling with the impact of the Covid-19 pandemic on the aviation sector. The company has appointed Paul Ellison and David Taylor of Reading-based KRE Corporate Recovery as its administrators. …

Are we heading for a recession? Leading operators have their say…

 
Andrew Malcolm, chief executive officer, Malcolm Group I don’t think we’re heading for a recession – I think we’re already in it, or that’s the approach we’re taking at Malcolm. When you’re in transport, with lower margins than we should all be …