Two more in trouble
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• Two long-established haulage, companies became victims of the recession this week. London-based BFI and Burroughes Transport of Norfolk have both called in the receivers, but are continuing to trade.
BFI has depots in Essex, London and Derby, running up to 200 trucks. Receiver Binder Hamlyn was called in on 19 April to take control of the operation.
According to a source at BFI's Derbyshire depot in Castle Donnington, drivers returning to the depot on Friday night were asked to surrender the keys to their vehicles. Burroughes Transport is based in Diss and has a workforce of 90. It is run by brothers John and David Burroughes, members of an agricultural family which has traded in the area for 150 years, According to receiver Cork Gully, the operation runs 75 trucks and turns over £30m a year, up to £25m of which comes from its bulk grain supply operation. It also supplies general haulage for two local firms, Connaught and McGregor Cory.
Cork Gully says Burroughes' problems arose from a bad debt linked to its bulk grain business.