Investment firm Kinaxia is on the hunt for further acquisitions following the purchase of Palletline member Panic Transport (Contracts). It is its sixth acquisition in five years and the first paid for from a war chest of £25m, secured in January last year. The purchase of Rugby-based Panic Transport (Contracts) last month means Kinaxia now has four Palletline members in its stable – the others being William Kirk, Foulger Transport, and Lambert Bros. Motortansport.co.uk understands Kinaxia made a bid for […]
Suffolk-based Anglia Freight has opened a new cross-dock facility at its site at the Mid Suffolk Business Park.
The Fortec Pallet Distribution Network has appointed a new commercial manager as it continues to identify and pursue new opportunities for corporate business development.
UK Pallets, the pallet network owned by UK Mail Group, was rocked by a 64% collapse in year-on-year profits in the year to 31 March, its parent company has revealed.