The company says inflation, rising operating costs and intense price pressures in the parcels market have made the business “no longer viable.”
The company behind Fastway Couriers Ireland has confirmed it has gone into receivership.
Up to 300 jobs are believed to be at risk, with staff informed this evening.
The company says inflation, rising operating costs and intense price pressures in the parcels market have made the business “no longer viable.”
Fastway's local service for the greater Midlands region includes Kildare but it is not yet clear what areas will be impacted.
Nuvion Group, which owns Fastway Couriers Ireland, Parcel Connect and Nügo, says delays and disruption are expected, but the receivers will work with retailers to minimise the impact.
Nationwide Fuel Protest Continues Into Third Day
"I Don't Think Anybody Is Going To Really Listen To Us Until Somebody Dies On That Road": Criticism Of Moone-Timolin Cycleway Continues
International Wholesale Prices Are "Not Price Gouging", Says CCPC
Costs Of Home Heating Oil Up By 67.5 Per Cent Between February and March
91-Year-Old Lelia Doolan To Arrive In Monasterevin Today As Part Of Her Walk For Peace
Over €400,000 Awarded To Repair And Protect Three Kildare Heritage Structures
€7,750 In Grants Awarded to Kildare Groups Promoting Activity Among Older People
Property Prices On The Rise In Kildare, Report Finds
