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.
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