Tuesday, October 22, 2013

Road Haulage and Freight Forwarding Group Goes into Administration

Cash Flow Problems Blamed after Over 125 years of Service in Various Logistics Roles
Shipping News Feature

UK – Sad news this week with the announcement that Charles Gee, a well-known name in British and international road haulage and freight forwarding circles, has gone into administration having announced the transferral of its C & H transport headquarters to Chatham, Kent from its former Tilbury, Essex base this month. The company, which last year celebrated its 125th anniversary began life as a ship brokers in the City of London and has seen radical changes over the past twenty five years or so.

The company has blamed ‘acute cash flow’ problems and administrators FRP Advisory LLP which offers ‘turnaround management solutions’ is actively seeking to keep the business, which it is understood still has several worthwhile contracts on the books, as a viable commodity. The Chatham move was just one of several office changes made in the recent past, in July the group’s Brentwood headquarters moved in turn to Tilbury.

Since 1970 the group has been known for its subsidiary road haulage operation, C & H (Hauliers) Ltd which has regularly transported over 2 million tonnes of forest products annually, specialising in paper distribution and claiming the number one position in this field in Britain. With over 100 vehicles and a fleet of 250 trailers plus a group total of staff in excess of 250 this is far from the ‘asset light’ model so loved by the current 3PL models adopted by many larger logistics group.

Photo: C & H celebrated its half century since the company’s inception with a special livery.