Midlands operator folds after setting up German branch for Amazon

 

A midlands haulage firm whose main customer was Amazon collapsed into administration after setting up a German branch for the e-tail giant and falling foul of the country’s business laws.

In a report to creditors, administrators of New Generation Courier Logistics (NGCL) said that the company provided final mile delivery logistics and that Amazon comprised approximately 91% of its turnover.

It also provided warehousing services for a range of customers, but insolvency experts at Leonard Curtis said this had been […]


Please login or create a FREE account to read the full article.