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You are here: Home → Archive → 2009 → October → 15 → Mannway in receivership as transport downturn bites

Mannway in receivership as transport downturn bites

by Rob McKay — last modified Oct 15, 2009 11:41 AM

A grim reminder of the economic downturn's impact surfaced yesterday with Ferrier Hodgson appointed the receiver and manager of second-tier haulage and logistics firm Mannway.

  
Mannway in receivership as transport downturn bites

Still moving: Operations to continue as Mannway goes into voluntary administration (Photo: Mannway)

Ferrier Hodgson partners George Georges, Brendan Richards and Morgan Kelly will now review Mannway's operations.

Mr Georges said that the intention was to trade the firm on a "business as usual" basis with a view to restructuring ahead of...

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