The Clare-based former President of the Irish Road Haulage Association fears job losses at Fastway Couriers are just the “tip of the iceberg” for the industry.
There are concerns for the security of roughly 300 jobs as the parent company for Fastway Couriers Ireland, Parcel Connect and Nügo has entered receivership.
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A spokesperson for the company claims its business model is “no longer viable in its current form” due to “sustained inflation, rising operating costs and ongoing price pressure.
Ennis-based Managing Director of Spa Transport, Eugene Drennan, has been telling Clare FM’s Seán Lyons businesses like his are facing “tax on tax on tax”.
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