A haulage firm in Telford has fallen victim to the credit crunch, with 45 workers losing their jobs just before Christmas.
RHP Telford, which is based in Stafford Park 18, will continue to run a slimmed-down operation for the time being with the remaining 27 employees.
But their ultimate fate depends on whether a buyer can be found for the ailing business.
The specialist road haulage and logistics contractor went into administration yesterday. from shropshirestar
but R H P web site says
Welcome to RHP Transport
OUR NEW SITE IS CURRENTLY UNDER CONSTRUCTION AND WILL BE COMING SOON!!!
In the mean time you can contact us on
RHP have been around along time. I remember them from 18 years ago.
A sad day for all concerned.
I was told about this yesterday when i got back
to the yard,we are based near rhp transport.
We use their truck wash 
(it was crap anyway,
give me lymm anyday lol ).
I was also told another local haulage firm had
sent a few tractor units back to Burnt Tree Hire
so seems they all feeling the pinch
Good luck to all the drivers involved and sad to
lose ya job this close to christmas.
yeah sad for all concerned . I work for another big haulage company in telford and just not good news things are bad at the moment . I hope they find a buyer and jobs can be saved
Jobs axed as firm hit by credit crunch
A haulage firm in Telford has fallen victim to the credit crunch, with 45 workers losing their jobs just before Christmas.
RHP Telford, which is based in Stafford Park 18, will continue to run a slimmed-down operation for the time being with the remaining 27 employees.
But their ultimate fate depends on whether a buyer can be found for the ailing business.
The specialist road haulage and logistics contractor went into administration yesterday.
Kim Rayment and Toby Underwood, business restructuring partners at London-based BDO Stoy Hayward LLP, were appointed as joint administrators of the company.
Mr Rayment said: “The company has suffered as a result of the recent downturn and, unfortunately, 45 staff have been made redundant.”
Is it the credit crunch? Or is it the big boys who have been doing work at cut price rates finally biting the dust because they have undercut too many times resulting in running at a loss?
Until all transport companies realise that this throat cutting is doing nobody any good we are going to see many more going to the wall
A sad day for the workers but probably a come uppence for the managers 