John Jempson and Son saw profit more than double in 2015 boosted by the sale of its Palletforce shares. Palletforce was acquired by EmergeVest in a £30m deal last August, which saw the pallet network’s haulier members sell their shares as part of the change in ownership. John Jempson’s annual results to 31 December 2015 show pre-tax profit up to £679,475 in 2015 (2014: £300,261). This was after an injection of £356,040 into the company’s coffers after it sold its Palletforce […]
Proposals to grant business groups the power to challenge unfair payment terms on behalf of their members are being considered by the government.
Palletline has completed its new-look management team with the appointment of an operations director.
Palletline saw revenues grow by 2.4% last year, although profits slipped in its logistics businesses due to a shortage of drivers.