XL Express has gone into liquidation Millions owed to staff, creditors and the tax office Do you know more? Email [email protected] By KYLIE STEVENS, SENIOR BREAKING NEWS REPORTER, AUSTRALIA and NICHOLAS COMINO, NEWS REPORTER, AUSTRALIA Published: 09:46 AEST, 7 August 2025 | Updated: 11:49 AEST, 7 August 2025 Two hundred jobs have been lost in…
A national trucking company has been plunged into liquidation after 35 years in business, leaving about 200 employees without jobs. XL Express went in administration in June with administrators FTI Consulting appointed to review the company’s finances and assess its viability. The Brisbane-based company was founded in 1990 and expanded with depot and facility locations…
National trucking company XL Express has gone into liquidation, owing more than $40m in estimated debts. Picture: Supplied National transport and logistics company XL Express has gone into liquidation after 35 years in business. It has collapsed owing almost $42m in estimated debts, with about 200 employees to be left without jobs. The Brisbane-based trucking…
Australian furniture empire Home Sweet Home has gone bust after an A Current Affair investigation exposing the company’s dirty tactics. Owner Daniele Maisano plotted the company’s collapse leaving staff and customers across the country out of pocket. “We’re not going anywhere. Our interest is to do the right thing by all our customers and our…
Boundless Shutters After Failing to Rescue Unbound Publishers Weekly Read the original article here
National transport and logistics company XL Express has gone into liquidation after 35 years in business. It has collapsed owing almost $42m in estimated debts, with about 200 employees to be left without jobs. The Brisbane-based trucking company was founded in 1990 and operates along Australia’s east coast between Melbourne, Sydney and Brisbane. The company…
Claire’s CEO says the company is making the move because of increased competition, consumer spending trends and the shift away from brick and mortar retail. Claire’s Stores Canada Corp. is considering liquidating its shops as it begins seeking reprieve from creditors, including landlords who have locked out the business. In an application filed with the…
Claire’s Stores Canada Corp. is considering liquidating its shops as it begins seeking reprieve from creditors, including landlords who have locked out the business. Claire’s Stores Canada Corp. is considering liquidating its shops as it begins seeking reprieve from creditors, including landlords who have locked out the business. In an application filed with the Ontario…
Ebuyer, the U.K.’s second-biggest PC retailer, is reportedly ending its operations. Reports have circulated that its staff were unexpectedly sent home early, and Overclock3D has also confirmed that Urban Logistics Acquisitions 6 Limited, the organization from which Ebuyer leases its premises, filed a Winding Up Petition against it on August 1. This is an application…
From boom to bust: Tech start-up leaves creditors $5m out of pocket thepost.co.nz Read the original article here