NFT owner EmergeVest had made a £30m bid for pallet network Palletforce. The acquisition, which remains subject to shareholder approval, will bring investment and also the opportunity to take the Burton-upon-Trent business global thanks to EmergeVest’s logistics interests in he UK and China. Palletforce, which was founded in 2001 by Mick Scarlett, has 88 shareholder haulier members and had a turnover of £18.4m in the year to 31 August 2014 (from network fees). Total network revenue (including deliveries by the […]
Whose story is it anyway? In the latest episode of the Motor Transport Podcast, Chris Walton puts the team’s news knowledge to the test as they recap the industry’s hottest headlines. The team look at the pallet sector and its potential for consolidation and, if you’ve been lost in the various Widdowson saga headlines, Chris Druce neatly summarises the story so far. Listen to the podcast on Soundcloud or iTunes, and be sure to subscribe so not to miss out […]
East Yorkshire bulk powder haulier Simon Gibson Transport has been acquired by French logistics firm Groupe Charles André (GCA) for an undisclosed sum.