Copy Tracking Code

Prime Mover Magazine

Transtex placed in liquidation

The Geelong-based Shane Blakeborough Logistics (SBL) and Transtex Logistics businesses have both been placed into liquidation.

Forensic accounting firm Rodgers Reidy has been appointed to investigate and collect remaining debt from SBL, while Romanis Cant Consulting is liquidating  Transtex.

Both companies are owned by Shane Blakeborough, who reportedly took over the Transtex business in 2014 and merged it with his family business, SBL.

The 75-truck strong fleet will be sold for funds to pay financiers, Rodgers Reidy Director, Matthew Gollant, told CRT News.

"The market is very competitive, and SBL encountered issues with financing obligations. If ex-employees haven’t lodged claims with the government, I encourage them to do so," Gollant said.

Featured Article

  • Autonomous trucking: Behind the hype

    Autonomous trucking: Behind the hype

    With Germany allowing the first driverless production truck to operate on a public highway last month, the autonomous vehicle hype has reached an all-time high. But will the momentum suffice to make it a commercial reality?

    Read Story

  • advertisement
  • Join CRT news on Linkedin!
  • Keep up to date on the latest news and developments in the commercial road transport industry. Sign up to CRT News today to receive a FREE weekly E-newsletter delivered straight to your inbox.

  • advertisement

© Copyright 2018 Prime Creative Media. All rights reserved.

Find us on Google+