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 […]
Lancashire-based family firm FDC Holdings has established a northern hub for The Pallet Network (TPN) that will handle around 1,000 pallets a night at a new site in Walton Summit, near Preston.
Industry-wide pallet weight limits are more relevant to pallet networks than large operators, according to XPO Logistics MD of transport solutions Dan Myers.