News
Amtrak goes into administration
Ben Furfie Aug 28 2008, 12:06pm
Comments (2)
Major courier used by etailers and distributors closes after hitting financial difficulties
Courier company, Amtrak has gone into administration resulting in the loss of 1,000 jobs, and leaving many retailers and customers in the lurch.
The firm, which was used by a large number of etailers and distributors including Dabs, Empire Direct and Digital Direct, blamed difficult trading conditions for the collapse.
A statement from administrators Ernst & Young said: "Amtrak has found trading in the current economic climate challenging. It is a business that is led by consumer demand and as consumer-spending power has weakened, Amtrak's business has suffered."
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Comments
“Shame on Amtrak”
Posted by: Mike Clover - Aug 29, 9:43am
The AUDACITY of these muppets running Amtrak! They are shameless. They picked up deliveries as late as 5:00 on Friday for delivery to our customers and simply went into administration an hour later. At Dabs, we are STILL unraveling the mess they caused. The damage to our business is still be calculated. Shame on Amtrak. Let's hope we NEVER see them resurface from administration as they have done once before.
“Re: Shame on Amtrak”
Posted: Sep 2, 10:20pm
i used to work for them as a driver biggest bunch of cowboys going
had to laugh when told they have sold their client list to b/post (what clients) they all pissed off years ago