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117 jobs at risk as Birmingham haulage firm goes bump

Keep On Trucking by Keep On Trucking
8 June 2023
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Cross Transport, a family-owned enterprise established in 2010, operates primarily from its trading base located at Hams Hall, Coleshill. In an effort to navigate through its current challenges, the company has enlisted the services of SFP Restructuring.

With a fleet of 200 vehicles providing services throughout the United Kingdom, Cross Transport has been confronted with escalating fuel and labor expenses in addition to mounting overhead costs.

The company’s financial statement for the period of 2021-2022 revealed a decline in turnover from £22 million to £16.3 million, signifying the impact of these various factors.

Over the years,  director Dean Cross has been at the helm of Cross Transport, steering the company through both prosperous and challenging times

Tags: administrationadministratorsbumpCross Transportjobs lostkeep on trucking
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