Freight firm stops trading
FREIGHT company Channel Island Lines has ceased trading, putting 12 local jobs at risk.A statement has been issued by the company.
'Due to very difficult trading conditions, as a direct result of the impacts of Covid-19 on current and forecast volumes and cash flow the Boards of Directors of all Channel Island Lines group companies, including Paul Davis Freight Services Limited (PDFS), have concluded that they have no alternative but to cease operations with immediate effect,' it stated.
'Customers with goods at depots in Jersey, Guernsey, Bristol and Southampton are being contacted to give them access to collect their goods.'
Grant Thornton will shortly be formally appointed over the group’s affairs and where possible to assist employees with their statutory entitlements.
The group employed 80 people - 12 in Guernsey, 30 in Jersey and 38 in the UK.
The decision affects Rockayne (Jersey) Limited t/a Channel Islands Lines, Paul Davis Freight Services Limited, Channel Island Lines (UK) Limited and Channel Islands (Guernsey) Limited.
