CTS Transport Group in Kettering appoints administrators after two decades in business.
- The company began as Core Logistics, rebranded in 2018 to CTS Transport Group.
- Operating licenses for 41 trucks and trailers mark its sizable presence in Brigstock.
- Key services include container haulage and skilled workshops offering mobile fleet servicing.
- Administrators Rebecca Jane Dacre and Mark Siddall from Forvis Mazars LLP are appointed.
In a critical development for the transport sector, CTS Transport Group, based in Kettering, has sought the aid of administrators. This decision marks the end of a 20-year journey for this family-run enterprise. The firm’s history dates back to its founding as Core Logistics, later transforming into CTS Transport Group in 2018, underscoring its adaptability and resilience in an ever-evolving industry.
The breadth of CTS Transport’s operations is substantial, with licenses for 41 trucks and an equal number of trailers evidence of its significant capacity. Strategically located in Brigstock, the company has been a cornerstone of the local haulage market, its services catering to a wide array of logistical needs including container transport and storage.
Notably, the firm’s infrastructure supports comprehensive workshops staffed by specialist DAF technicians able to provide mobile fleet servicing. Such capabilities have enabled CTS Transport to maintain a competitive edge through diverse service offerings tailored to meet the demands of modern transport.
Despite this robust operational framework, CTS Transport has taken the step to appoint joint administrators Rebecca Jane Dacre and Mark Siddall of Forvis Mazars LLP. Information regarding the specific circumstances leading to the administration remains undisclosed as Forvis Mazars has declined to comment.
This scenario is reminiscent of the wider trend in the haulage industry, where similar cases such as that of H Parkinson Haulage in Preston have also come to light. Companies are grappling with financial challenges against the backdrop of complex regulatory environments and fluctuating economic conditions, a reality further underscored by recent developments surrounding transport legislation, as evidenced by legal challenges faced by Dutch hauliers concerning ULEZ fines.
The appointment of administrators for CTS Transport Group signifies a notable shift in the landscape of the regional haulage industry.
