Irish freight company goes to the wall . . .

LordSutch · 27-08-2012 06:42PM #1

400 jobs to go at Target Express freight company

Almost 400 people are to lose their jobs at Ireland's largest privately owned transport company College Freight after the company announced it had decided to cease trading. It's understood the company owed the Revenue Commissioners a sum in the region of €1m It's understood the company owed the Revenue Commissioners a sum in the region of €1m

The company which operates as Target Express employed 390 staff in the Republic & the UK. It's understood that the Revenue Commissioners placed attachments on the company's bank accounts last Friday, and that despite ongoing negotiations, the issues could not be resolved.

christmas2012 · 27-08-2012 06:44PM

sad to hear more jobs lost its a disgrace to our country something needs to be done

frag420 · 27-08-2012 06:48PM

christmas2012 wrote: »

sad to hear more jobs lost its a disgrace to our country something needs to be done

It's a disgrace they didnt pay their taxes and not put their staff at risk of losing their livelihood!!

Biggins · 27-08-2012 06:49PM

Goodness, I've used Target Express myself at times.
Sorry to hear this.

Boombastic · 27-08-2012 06:50PM

Should have made it 1.4million they owed and ripped off the pension fund, would have gotten away with it then and 400 people would still be employed

Lawrence1895 · 27-08-2012 06:51PM

Is that a part of the Blueshirt's 10 point plan for job creation?

Fr_Dougal · 27-08-2012 06:52PM

frag420 wrote: »

It's a disgrace they didnt pay their taxes and not put their staff at risk of losing their livelihood!!

Like Mick Wallace?

frag420 · 27-08-2012 06:53PM

Fr_Dougal wrote: »

frag420 wrote: »

It's a disgrace they didnt pay their taxes and not put their staff at risk of losing their livelihood!!

Like Mick Wallace?

Indeed!!

SocSocPol · 27-08-2012 07:21PM

Really sorry to see more job losses but in truth Target were a highly unreliable company, I say this as a small business owner that was let down, and my customers let so often that we not only stoppped using them, we declined to accept deliveries from suppliers who were using them as they were so unreliable.
Hopefully the staff will be hired by other companies who will now be competing for their business.

SocSocPol · 27-08-2012 07:22PM

Lars1916 wrote: »

Is that a part of the Blueshirt's 10 point plan for job creation?

How are the Government responsible for the actions of a poorly performing company who chose not to pay their taxes?

homerjay2005 · 27-08-2012 07:41PM

frag420 wrote: »

It's a disgrace they didnt pay their taxes and not put their staff at risk of losing their livelihood!!

nonsense, the revenue come across as the most brainless of people that ever lived. that tax bill, which probably now will remain unpaid, will be dwarfed by the social welfare payments that (yet alone the future tax payments) will need to be paid now to these people.

there has to be other ways of getting the money back besides putting them to the wall.

PieForPi · 27-08-2012 07:46PM

Lars1916 wrote: »

Is that a part of the Blueshirt's 10 point plan for job creation?

Tell me now, professor, what part of this involves Fine Gael?

privately owned transport company College Freight after the company announced it had decided to cease trading. It's understood the company owed the Revenue Commissioners a sum in the region of €1m

Oh and did you forget that Labour are part of Government too? Or did it simply not suit you to mention them, because you probably voted for them?

Why don't you stick to discussing topics you have some knowledge of? I don't know what they are, I'm sure they're very fecking limited in number, but you come off as an idiot when you make statements such as the above.

mod: banned

snubbleste · 27-08-2012 07:49PM

What about the 300+ jobs about to go at Treasury Holdings? Or is that less worthy than a courier company?
http://www.independent.ie/business/irish/kbc-seeks-to-have-treasury-holdings-wound-up-in-high-court-action-3213184.html

Ghandee · 27-08-2012 07:52PM

I use/used target on a near daily basis especially when dealing with pallets/larger goods from the north to the south.
I'd have to echo socsoc's thoughts that they were unreliable, in saying that though I'm far from happy to hear the company has gone to the wall.

Would the OP care to post a link/source?

Ghandee · 27-08-2012 07:53PM

PieForPi wrote: »

Tell me now, professor, what part of this involves Fine Gael?

Oh and did you forget that Labour are part of Government too? Or did it simply not suit you to mention them, because you probably voted for them?

Why don't you stick to discussing topics you have some knowledge of? I don't know what they are, I'm sure they're very fecking limited in number, but you come off as an idiot when you make statements such as the above.

Jesus, talk about nailing your colours to the mast.......

Biggins · 27-08-2012 07:53PM

Ghandee wrote: »

Would the OP care to post a link/source?

http://www.rte.ie/news/2012/0827/400-jobs-to-go-at-target-express-freight-company-business.html

My name is URL · 27-08-2012 07:55PM

PieForPi wrote: »

Tell me now, professor, what part of this involves Fine Gael?

None of it, obviously. They're only responsible for jobs created, not lost.

Ghandee · 27-08-2012 07:58PM

My name is URL wrote: »

None of it, obviously. They're only responsible for jobs created, not lost.

Yes for jobs they said.........

:cool:

Icepick · 27-08-2012 08:01PM

Another crappy company out of business.

coolisin · 27-08-2012 08:17PM

Perhaps a crappy company but still a few houses worried tonight.

Indeed the company should've be paying taxes but what the revenue have done is mean the employees didn't get there wages today as the company couldn't access the bank accounts, so now the employees get handed a p45 after a days work they won't get paid for.

They now get stuck on the list of creditors.

Bad day all round then.

Biggins · 27-08-2012 08:21PM

coolisin wrote: »

Perhaps a crappy company but still a few houses worried tonight.

Indeed the company should've be paying taxes but what the revenue have done is mean the employees didn't get there wages today as the company couldn't access the bank accounts, so now the employees get handed a p45 after a days work they won't get paid for.

They now get stuck on the list of creditors.

Bad day all round then.

Indeed.
Boiled down to every day reality, it means that a few more will have to now further struggle, trying to cope with the new taxes/charges still we have or incoming.

There will be a lot more sick/nervous people tonight over the matter - and school just about to start for some of them whom I assume have kids and further bills to pay.

SocSocPol · 27-08-2012 08:22PM

coolisin wrote: »

Perhaps a crappy company but still a few houses worried tonight.

Indeed the company should've be paying taxes but what the revenue have done is mean the employees didn't get there wages today as the company couldn't access the bank accounts, so now the employees get handed a p45 after a days work they won't get paid for.

They now get stuck on the list of creditors.

Bad day all round then.

Actually the workers will be paid , under the minimum notice act and Redundancy acts they will be paid all monies owed, by the Government.
The Revenue would not have taken this step lightly, it would have been a last resort.

Cookie_Monster · 27-08-2012 08:23PM

Not really news anymore, freight companies have been going to the wall continually over the last 5 years. Cost of fuel and lack of stuff to move with the downturn being the main issues. My father is in freight and has had to move jobs several times over the period to stay employed as companies went down.

MidlandsM · 27-08-2012 08:26PM

Well, I used Target loads...........and they NEVER let me down........so, I'm really gutted for them, and their employee's and families.

coolisin · 27-08-2012 08:26PM

Depending on if they have money left over after they reclaim the lost taxes first, soooo how long will that be?
Not much good when you thought there would be a pay cheque in your account today.
Oh maybe they'll get redundancy too. Funny I've seen that prove to be bullsh1t too.

No the revenue wouldn't have taken it lightly you are correct they should've paid the taxes.

SocSocPol · 27-08-2012 08:31PM

coolisin wrote: »

Depending on if they have money left over after they reclaim the lost taxes first, soooo how long will that be?
Not much good when you thought there would be a pay cheque in your account today.
Oh maybe they'll get redundancy too. Funny I've seen that prove to be bullsh1t too.

No the revenue wouldn't have taken it lightly you are correct they should've paid the taxes.

There is a Government fund, I know beecause my OH was in a very similar position herself a few years ago, took a few months but she got everything she was owed.

Colmustard · 27-08-2012 08:34PM

Revenue can't ignore or forego a bill of 1 million on the threat of job losses.

Otherwise and quite suddenly there would be a lot more companies in the same boat.

Dead Man Walking · 27-08-2012 08:38PM

poxy for those who lost their jobs

might as well use my new artic licence to wipe my arse with what with all those experienced drivers on the hunt now

bucketybuck · 27-08-2012 08:38PM

Crap.

They were a shambles of a company, but unfortunately they have went to the wall owing the company I work for a considerable amount of money, which we will probably not see a penny of now.

Its nobodies fault but their own, frankly they were a horrendously run business.

Ghandee · 27-08-2012 08:44PM

MidlandsM wrote: »

Well, I used Target loads...........and they NEVER let me down........so, I'm really gutted for them, and their employee's and families.

Target, promise pallet will be in customers yard before 9am. Pallet arrives 16.45 (as recently as Friday, never delivered at all)

Liam Connolly road services, promises customer will have pallet before 9am, customer rings to thank me, Liam Connolly truck parked at yard before customers opened for business.

Like i say, sorry to hear of their loss, but they were far from reliable.

Bullseye1 · 27-08-2012 08:47PM

Sad news for those losing their jobs.

Irish freight company goes to the wall . . .

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