Pall-Ex grows shareholder membership and passes 20-million pallet milestone

Pall-Ex reported a 20% increase in shareholder membership enquiries this year following its management buy-out in 2019.

It now has over 80 shareholder members, with new hauliers such as John Thresher Transport, Secure Transport Solutions and Halls Brothers joining over the last 12 months.

October also saw the network move its 20 millionth domestic pallet through its central hub.

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Kevin Buchanan, group chief executive at Pall-Ex Group, commented: “We are proud of everything we have accomplished during our first 12 months as a management and member-owned partnership.

“It hasn’t been the year that we anticipated, but despite all the challenges we have faced as a sector, Pall-Ex has successfully negotiated this difficult period for the benefit of our network.”

2019’s MBO saw founder, owner and Dragon’s Den star Hilary Devey step away from the day-to-day running of the business.