Freight News

Charles Gee in administration

[ October 23, 2013   //   Chris ]

Forwarding and logistics group Charles Gee has gone into administration – barely a year after celebrating its 125th anniversary in 2012. The company cited cash flow problems for the decision to call in administrators from FRP Advisory, which will continue to manage the company’s day to day operations while a buyer is sought. However, there could be redundancies among the 250 staff, who work at locations including Felixstowe, Tilbury, Hull, Heathrow and London.

The company’s roots are in shipbroking, an activity it still offers as well as mulitmodal forwarding and specialist services for the heavylift sector and the newsprint industry. Among its customers were Airbus and the nuclear power generators. The company had hoped to secure a major contract to move material for the new Hinkley Point power station, the go-ahead for which was announced, ironically, on the day that Charles Gee called in the administrators.

The company became a member of the World Project Group in October 2012.

Subsidiaries include Heathrow-based airfreight specialist CT Freight, haulier, London and South-east forest products haulier C&H, Charles Gee Shipbroking, project specialist Charles Gee Bridgwater and Bristol-based heavy logistics specialist PDF services.