trading
In the last six months – including some three in August – half a
dozen notable UK haulage companies have ceased trading and been
placed either in administration or receivership.
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Around 4,000 employees are facing the prospect of unemployment
as a result, and over 3,000 commercial vehicles find themselves
looking for a buyer at this time of economic downturn and market
stagnation.
Several UK commercial vehicle lessors are scanning their
portfolios to determine their level of commitment while risk
departments are calculating their likely levels of loss.
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By GlobalData
