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Business

Freight company facing difficulties is sold

By: KentOnline reporter multimediadesk@thekmgroup.co.uk

Published: 12:53, 14 October 2008

A freight company in financial difficulties due to rising fuel prices has been sold.

Thirty jobs have been saved at Faversham-based Les Knight Transport.

The firm was placed in administration after it ran into financial difficulties as a result of rising fuel costs in September.

A winding up order was presented by HM Revenue and Customs.

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Now the company has been bought by the Dodds Group, a UK and international logistics services provider.

Simon Plant, joint administrator of corporate recovery and turnaround specialists SFP, said: "The transfer of the business to Dodds Group has safeguarded some 30 jobs."

Staff from Les Knight Transport were at the forefront of fuel protests by haulage firms earlier this year.

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