A Brisbane trucking company has collapsed into voluntary administration after 23 years of operation.
ASIC records show Newnham Trucking, based near Logan in Brisbane’s south, entered voluntary administration this week after it stopped trading in June.
The Courier Mail reported the company owed about $1m in debts.
A creditors’ meeting has been scheduled for next week to receive an administrator’s report and statement about the business and whether it should be wound up.
The company is owned by Graeme Newnham, who also operates…