Type
Bankruptcy
Country
France
Region
Location of affected unit(s)
Bruges, Narbonne and Aimargues
Sector
Transportation / Storage
Warehousing And Support Activities For Transportation, Postal And Courier Activities
Warehousing And Support Activities For Transportation
52.29 - Other Transportation Support Activities

250 jobs
Number of planned job losses
Job loss
Announcement Date
13 March 2024
Employment effect (start)
14 March 2024
Foreseen end date
31 March 2024

Description

The Henri Ducros transport company, based in the Bordeaux region, was placed in receivership at the end of January 2024 and all its 250 employees will be made redundant. In the absence of a buyer, the Bordeaux court ordered its liquidation on Wednesday 13 March, with direct dismissal starting at 14 March. Specialised in palletised freight, the French transport company has seen its volumes fall considerably, while costs remained the same. Even though the agency of Narbonne had good results lately, in the main scenario the company could not keep up with the changes. This modification in the pricing impacts directly on the finances of the transport company.


Sources

Citation

Eurofound (2024), Transports Henri Ducros, Bankruptcy in France, factsheet number 200958, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/200958.