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Bankrupt firm's fleet being sold | |
(about 3 hours later) | |
A County Antrim haulage company which went bankrupt with the loss of 200 jobs is having its fleet of vehicles sold. | |
Reid Transport Ltd called in PricewaterhouseCoopers to act as administrators last month after attempts to sell the company failed. | Reid Transport Ltd called in PricewaterhouseCoopers to act as administrators last month after attempts to sell the company failed. |
The firm's fleet of more than 50 lorries and trucks will be sold at public auction next Tuesday. | The firm's fleet of more than 50 lorries and trucks will be sold at public auction next Tuesday. |
The company closed amid controversy last month after employees staged a blockade over unpaid wages. | The company closed amid controversy last month after employees staged a blockade over unpaid wages. |
However, the dispute was brought to an end after PWC agreed to pay the workers before Christmas. | However, the dispute was brought to an end after PWC agreed to pay the workers before Christmas. |
Police have also been called in to investigate employment practices at the company after a 14-year-old boy said he had worked night shifts at the company's Cloughmills headquarters. | Police have also been called in to investigate employment practices at the company after a 14-year-old boy said he had worked night shifts at the company's Cloughmills headquarters. |
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