News / 'Significant redundancies' as another UK truck firm enters insolvency

Image: Youngs Fleet Gallery

Another large UK haulier has begun administration proceedings as the latest casualty in a series of trucking company bankruptcies.  

On 31 January, UK law firm Leonard Curtis was appointed the administrator of Youngs Transportation and Logistics Limited, which had acquired Northwest Cargo in 2020. 

The two companies employed 250 people and operated across five sites in the south east, south coast and north west of the UK. The combined turnover stood at over £40m with more than 100 vehicles in operation. Youngs has been ...