Investment firm Kinaxia is on the hunt for further acquisitions following the purchase of Palletline member Panic Transport (Contracts). It is its sixth acquisition in five years and the first paid for from a war chest of £25m, secured in January last year. The purchase of Rugby-based Panic Transport (Contracts) last month means Kinaxia now has four Palletline members in its stable – the others being William Kirk, Foulger Transport, and Lambert Bros. Motortansport.co.uk understands Kinaxia made a bid for […]
Palletline has gone live with its innovative direct trunking initiative, as it continues to work on evolving the decades-old pallet network model.
Pallet-Track marked a milestone this month after processing the 20 millionth pallet through its network since it first opened for business 13 years ago.