THERE are fears that around 15 people may lose their jobs in Limerick after the country’s largest privately-owned haulage company announced it is to cease operating.
The company, which operates a depot in Ballysimon, says it has been forced to close due to difficulties with the Revenue Commissioners.
It is unclear whether the company will seek the appointment of a receiver, which could lead to it being sold as a going concern.
It is also unclear what impact the closure will have on Target Express’s customers, which include large companies like Smyths Toys, L’Oreal and AWear.
The company’s management have expressed their egret at the decision to cease trading and have thanked staff and customers for their support over the past 24 years.
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