Pall-Ex will open a hub operation in Bulgaria by the middle of next year, the pallet network has said. The European palletised freight specialist will commence operations in Bulgaria by mid 2016 through a partnership with Econt. Econt operates more than 40% of the parcel market in Bulgaria via 14 logistics centres, and also works across Greece and Romania. Pall-Ex is seeking further partnerships in Germany, Hungary, Slovakia, Czech Republic and Scandinavia as part of its expansion strategy in Europe. […]
Palletways Fulfilment, the warehousing arm of the pallet network, has won a contract with OrganiCulture, a distributor and retailer of organic products from Italy.
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.