Hundreds sacked in $42m company collapse The Australian
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Aussie trucking company plunges into liquidation, leaving 200 without jobs MSN
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Australian organic certification business enters voluntary administration Stock Journal
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Foundry goes into liquidation: Falkirk area firm wound up after 200 years in business Falkirk Herald
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Two hundred jobs have been lost in the collapse of a major trucking company that has gone into liquidation with $40million in estimated debts.
Transport and logistics company XL Express had been in business for 35 years and operated along Australia’s east coast, delivering freight and packages between Sydney,
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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 in Sydney, Melbourne, Adelaide, Perth and Darwin.
It is reported it has an estimated $42 million in debts.
The company also operated regional depots in Newcastle, Cairns, Townsville and Mackay.
The group’s 200 employees were stood down after XL Express…
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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 operated across Australia.
The company was plunged into voluntary administration in late June and appointed administrators Kelly-Anne Trenfield, Ross Blakely and Joanne Dunn from FTI Consulting, who conducted an “urgent assessment” into its finances.
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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 staff,” Maisano told A Current Affair earlier this year.
READ MORE: Once dubbed ‘traitors’, Australia’s 1980 Olympic team is finally being recognised
“Are you going into liquidation?” A Current Affair asked.
“No, we’re not,” Maisano assured.
“You’re not going into liquidation?” A…
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Boundless Shutters After Failing to Rescue Unbound Publishers Weekly
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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 was plunged into voluntary administration in late June and appointed administrators Kelly-Anne Trenfield, Ross Blakely and Joanne Dunn from FTI Consulting, who conducted an “urgent assessment” into its finances.
As part of the liquidation, its 200 employees were stood down and the premises in Western Sydney were locked due to unpaid rent, the administrators said.
The FTI…
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Ex-NBA Player’s Casino Debt Case Exposes Nevada’s Criminal Collection System Hoodline
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Marylanders with student loans can get up to $5,000 in relief by applying for the Student Loan Debt Relief Tax Credit for the 2025 tax season.
Borrowers can apply for the tax credit through the Maryland Higher Education Commission through September 15. Most taxpayers who apply will get an average of $1,800, according to Director of Communications for the MHEC Kristin Clarkson.
To be eligible, you must be a Maryland taxpayer who has incurred at least $20,000 in undergraduate and/or graduate student loan debt and have at least $5,000 in outstanding debt at the time of applying for the tax credit.
The program has been around since 2017. A total of $9 million has been allocated by the Maryland General Assembly for the 2025 tax year,…