Heavy Loads Facing the Lorry Firms ; Logistics the Heart of Britain's Logistics Sector Lies in the West Midlands but the Industry Is Struggling As Operators Grapple with Rising Costs. Duncan Tift Looks at the Industry As One of Its Major Players Falls Victim to the Shrinking Market.

Summary

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The high cost of oil has cast an unwelcome shadow over the West Midlands' logistics industry and it was probably only a matter of time before one of the companies operating in the sector fell victim to rising fuel prices.

That honour - if such a term is warranted - fell to Netfold in Aldridge, which traded as Amtrak.

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Extract

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Heavy Loads Facing the Lorry Firms ; Logistics the Heart of Britain's Logistics Sector Lies in the West Midlands but the Industry Is Struggling As Operators Grapple with Rising Costs. Duncan Tift Looks at the Industry As One of Its Major Players Falls Victim to the Shrinking Market.

The company is likely to be wound up today after a week-long battle by administrators failed to salvage the business.

Despite the backing of such a powerful brand, the squeeze on consumer spending, rival businesses which ha...

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