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 […]
Share prices in the industry have not changed dramatically since last week. Most have seen a small increase in value, apart from Stobart, which saw its share value remain static.
The Green Group has completed what it views as a breakthrough deal after securing collapsed Seafield Logistics’ Worksop site, a move that saves 70 jobs and transforms its warehousing capability.
The availability of trucks and drivers is now a critical issue threatening to stifle road transport’s recovery and hurt the wider UK economy, the MD of Pallet-Track has warned.