Leicester-based Premier Logistics has extended its coverage within the Pall-Ex pallet network, following its purchase of the business and assets of Cobley Transport (Reading) last year. At the time of the acquisition, following the administration of Cobley Transport (Reading), Premier took on the former Palletways member’s RG postcode too, a move that saw it effectively dual-running in two networks. However, Martin Field, group finance director at Pall-Ex, confirmed the haulier’s exit from Palletways, and said: “Premier Logistics has been a […]
Premier Logistics MD Lee Christopher has predicted the haulier will bounce back after two disastrous acquisitions and the end of its Pall-Ex work led to a £1m loss that triggered an emergency loan from its new network.
Palletways (UK) saw turnover increase to £163.7m in the year to 31 May 2015 (2014: £146m), according to its latest accounts published at Companies House.
Palletways member Speed Welshpool has won a contract with commercial furniture supplier Tabilo.