The Pallet Network’s (TPN) new hub at Prologis Park Midpoint in Minworth is taking shape ahead of its planned opening next year. The new hub, next to TPN’s current home, is about 50,000ft² bigger, at 367,500ft². TPN MD Adam Leonard said its real advantage would be significantly increased parking space, with 200 LGV spaces that will allow the use of stand trailers in the operation for the first time. “This will improve general efficiency and help members’ margins,” he said. […]
The Association of Pallet Networks (APN) has revealed 15.7 million pallets were delivered by its member networks last year, which on a restated basis was 13% ahead of 2012.
UK Pallets, the pallet network owned by UK Mail Group, was rocked by a 64% collapse in year-on-year profits in the year to 31 March, its parent company has revealed.
UK Mail Group has written down the value of its struggling UK Pallets business, revealing a £7.3m impairment charge relating to goodwill dating from its purchase in 2003.