Jobs may be saved in Target sell-off

The joint liquidators of Target Express last night concluded an agreement for the sale of some of the company’s assets to rival haulage firm Masterlink Logistics.

It is hoped that the agreement will save at least some of the 400 or so jobs lost by the collapse of the trucking company which ceased trading on Monday over a Revenue debt.

In a statement, the liquidators, Michael McAteer and Stephen Tennant of accountancy firm Grant Thornton, paid tribute to Target Express staff for facilitating the quick sale which includes the goodwill, customer list, and intellectual property of College Freight, trading as Target Express.