Bus operator ceases trading with majority of staff made redundant
The operator cited rising fuel, insurance and maintenance costs as it moved to administration, while alternative firms have already taken over some routes.
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3 Articles
Bus operator ceases trading with majority of staff made redundant
Bus operator CT4N has ceased trading, with the majority of its 76 staff made redundant. In a statement CT4N said that it has faced increasingly challenging trading conditions, with rising fuel, insurance, maintenance and employment costs, combined with regulatory pressures affecting its operations, placing significant strain on the company’s financial and operational viability. Having worked […]
East Midlands Mayor moves to protect bus services after operator collapses
East Midlands Mayor Claire Ward is working with partners and bus operators to minimise disruption after the collapse of CT4N. Replacement bus services are being introduced across Nottinghamshire and Derbyshire, including NCT's takeover of the Number 18 route.
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