Bathgate haulage firm collapses with loss of 66 jobs
Corporate Road Solutions called in administrators after losing a crucial customer.
A West Lothian haulage company has collapsed with the immediate loss of 66 jobs.
Corporate Road Solutions 24:7 Limited, based in Bathgate, has been struggling with "increasingly challenging market conditions and cost pressures" in recent years.
Administrators KPMG were called in on Monday.
The firm specialised in transporting goods for large supermarkets and smaller Scottish businesses but recently lost a major customer and several key staff have moved to a competitor.
The company stopped trading immediately with only four staff members retained to help the administrators.
Blair Nimmo, joint administrator and KPMG's UK head of restructuring, said: "Haulage remains a challenging sector and, despite the tireless efforts of the director, unfortunately, Corporate Road Solutions 24:7 Limited has now entered into administration.
"It has not proved possible to continue trading in light of significant liabilities and cashflow difficulties.
"This has, in turn, resulted in the redundancies which have been announced and the closure of operations.
"Our attention is focused on supporting the impacted customers and employees"
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