Future of staff and company assets uncertain since being placed in administration
The ultimate fate of staff and assets following the collapse of Geelong-based transport businesses Transtex and Shane Blakeborough Logistics (SBL) is still unknown.
SBL was placed into administration in late July while operations at Transtex were shut as of Sunday, August 27.
Insolvency firm Rodgers Reidy took charge of operations at SBL, while the liquidation of Transtex is being handled by Romanis Cant Chartered Accountants.
The fate of 130 SBL drivers and other employees is not known, although Geelong Advertiser reported that the move will result in 70 Transtex employees being made redundant.
Founder and director Shane Blakeborough started the business in 2012 after buying Geelong-based ANR Transport and its three trucks.
In 2014, he took over another Geelong-based transport company, Transtex.
As of this year, Transtex owned 75 vehicles ranging from utes and vans to B-doubles including Japanese fleet of Fuso and Hino that is used for local distribution in Victoria.
Transtex offered warehousing and transport services across its five national depots.
ATN is awaiting response from Rodgers Reidy and Romanis Cant on the latest status update.