5 Articles
5 Articles
Prax Group collapse sparks fleet fuel concerns - FleetPoint
Fleet operators across the United Kingdom are facing an uncertain future as Prax Group, a major fuel supplier, has collapsed into administration, raising fears of fuel shortages. On 30th June 2025, Prax Group entered administration, a move that has sent shockwaves through the fuel supply chain and left many businesses scrambling to secure alternative sources of fuel. This development threatens to disrupt operations and increase costs for the tra…
Prax Group Collapse Sparks Fuel Shortage Fears Among Hauliers
Haulage companies are preparing to face fuel shortages, following the collapse of major fuel supplier Prax Group, writes Carol Millett. Subsidiary Harvest Group, which supplies commercial customers, has warned fleet operators that the company is in ‘uncertain times’ as administrators consider whether it can be kept afloat. Prax Group, which went into administration has oil field interests in the Shetlands and owns around 200 petrol stations, thr…
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