UK Pallets is to close, after parent company UK Mail pulled the plug following years of poor profitability. The closure will cost UK Mail £1m, plus asset write-downs of £2m. In a trading statement to investors UK Mail said the closure of the pallet network would be managed over the next three months, as it sought to ensure that all employees and customers were properly supported. It added that a number of its employees would be able to take up […]
UK Pallets has added two new partners – Neill & Brown Global Logistics and Hellmann Worldwide Logistics – as part of the “continued development” of the network.
As the economy struggles, UK pallet networks continue to record year-on-year growth. The UK’s pallet networks shifted more than 15.3 million pallets last year, a 7.3% rise on the number moved in 2010. Data from the Association of Pallet Networks (APN) shows that while the UK, and beyond, has endured recession, the networks have continued to outperform the economy. Eight of the nine UK networks are APN members, representing more than 650 hauliers, almost 30,000 vehicles and 13 million ft2 […]