A family-owned transport company, operating since 1978 has plunged into administration, potentially leaving creditors with losses of up to $23m (£17.1m). Ron Crouch Transport has been a familiar face across Australia’s roads for 48 years, however, staff and creditors of the failed trucking company will now be left out of pocket.
Founded in Wagga Wagga, a city in New South Wales, the company provided transportation services between some of Australia’s main cities with stations in its hometown, Brisbane, Sydney, Melbourne and Adelaide. However, back in December, the business fell into voluntary administration. Ron Crouch Transport’s executive director, Geoff Crouch, cited staff shortages, government regulation and economic pressures…