Amtrak Ceases Trading

16:24.03 - Tuesday 26th August 2008 (Link to This Entry)

Amtrak, the big parcel carrier in the UK and not the train company of the same name in the United States, announced on Friday that they had appointed Administrators. A note on the website reads:

Amtrak Ceases Trading I. Best and T. Lukic were appointed as Administrators of Netfold Limited t /as Amtrak on Friday evening 22nd August and the Company has subsequently ceased trading. As a result Netfold Ltd t/as Amtrak cannot meet your future requirements for parcel carriage.

An insider said that staff were paid on Friday as normal, so things have not gone completely down the toilet. With the Credit Crunch in full swing, however, there are going to be a lot of unhappy families out there.

Over on the MoneySavingExpert forums, it appears a number of Kleeneze distributors were given notice about the situation on Saturday morning and there are more than a few parcels stuck at the central hub in Aldridge.

Links:
Birmingham Post article
MoneySavingExport forum thread
Another thread on TruckNetUK
Amtrak Website

If you work for Amtrak and have further info, please feel free to leave a comment using the form below.

Comments on this entry:

Does anyoned know how I can contact the administrators? I have paid on a statement but require copy of invoice for vat purposes. Would eb grateful if someone knows their phone number. thanks P Mills
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