Charles Gee transport group becomes latest victim of the economic slowdown

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The lacklustre economy continues to bite logistics companies, with the latest to enter administration being The Charles Gee Group, which provides global freight forwarding, air freight and haulage services.

The UK-based company, which employs 250 staff, specialises in contracts such as transporting Airbus wings from the UK manufacturing plants to European sites, as well as shipping paper reels for many of the UK’s newspaper groups.

The company blamed “acute cash flow pressures” for its difficulties, and has appointed an administrator, FRP Advisory, ...