UK haulage firm plunges into administration – in | Tech News
A family-run haulage firm with over 50 years of expertise in the sector has plunged into administration in a one other main blow to the freight industry. J.M. Gorry & Son Limited, a haulage business primarily based in Middlegate, Morecambe, appointed directors on July 20.
A discover explaining the company’s present place was revealed in the London Gazette in the early hours of July 22. At this early stage, there’s no info on what the information may imply for workers or if there might be any job cuts.
Alan Coleman and Nicola Baker, each of FTS Recovery Limited, have been appointed because the directors overseeing the business. J.M. Gorry & Son Limited beforehand defined that they have been a “well-established family run general haulage contractor”.
The business states on their social media channels that they’ve “over 50 years of experience in the transport industry”. The company has beforehand traded below the identify of Pinedeck Services Limited, however Companies House states that J.M. Gorry & Son was integrated back in 1986.
The Lancashire-based firm specialises in freight transport by street, focussing on basic haulage. This is normally thought-about to be the on a regular basis transportation of customary items. It’s simply the newest freight business to fall into issue this summer time after a string of companies have dropped into liquidation or administration.
Just this week it was confirmed that T.M.S Service Provider Limited appointed liquidators on July 13. Earlier this month, S&B Haulage Ltd, a freight firm primarily based in Leicestershire, revealed that they had appointed liquidators on July 6.
At this stage, it’s unknown the explanations behind J.M. Gorry & Son Limited’s struggles, however the information comes simply months after the UK’s Road Haulage Association (RHA) careworn that lots of of corporations have been at risk of closing in 2026.
The group defined that the quantity of insolvencies was “tipped to rise” this 12 months in a main blow for the sector.
The RHA revealed that just about 400 hauliers went out of business final 12 months alone, with 470 corporations affected in 2024 and over 500 in 2023.
The RHA predicted: “Higher interest rates, increased regulatory burdens, and ever-rising running costs continue to make trading more expensive, sending many long-established firms to the wall. Sadly, insolvency levels may rise as the impacts of the Middle East conflict continue in the months ahead.”
Express.co.uk has contacted J.M. Gorry & Son Limited for remark.
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