Freight: Insolvency
The question
To ask the Secretary of State for Business and Trade, what information his Department holds on the number of haulier businesses that have declared insolvency in each year between 2021 and 2024.
Answered by Blair McDougall
Estimated numbers of companies with the Standard Industrial Classification (SIC) codes 49200 (Freight rail transport) and 49410 (Freight transport by road) that entered insolvency in the UK in each calendar year between 2021 and 2024 are presented in the table below.
Calendar Year | 49200 – Freight rail transport | 49410 – Freight transport by road | Total |
2021 | 0 | 265 | 265 |
2022 | 0 | 411 | 411 |
2023 | 0 | 503 | 503 |
2024 | 3 | 471 | 474 |
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