Pall-Ex UK saw its pre-tax profit jump more than 200% in 2016 after results from its management restructure and growing membership began to take hold. The pallet network recorded a pre-tax profit of £499,000 for the year ended 31 July 2016; a 205% increase on 2015’s pre-tax loss of £474,000. Pall-Ex MD Kevin Buchanan said: “There has been major investment in both the management structure and strengthening of the UK member network, with 11 new members choosing to join us. […]
Clipper Logistics has more than doubled its pre-tax profit in the first half of the financial year, as it felt the benefit of a multitude of contract wins.
Logistics firm Surrey Pallitz is gunning for growth after moving to larger premises that are closer to Gatwick airport and its customer base.
Expect Distribution has blamed a fall in profit on its loss-making two-man delivery service, which ceased operating in May last year, but said that new deals in its contract logistics business will get it back on track.