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 […]
Derbyshire’s Bow Distribution has moved from UK Pallets to the United Pallet Network (UPN), ending an eight-year relationship with its former network. Bow made the switch last month and is covering the same DE postcode for UPN. It has been replaced at UK Pallets by Allegro Transport. Andy Bowd, chairman at Bow Distribution, says: “With UPN we now have access to micro and quarter pallets and can therefore offer our customers a greater range of product.” Bowd adds that UPN’s […]
Pallet-Track has opened a southern hub in Hertfordshire’s Welwyn Garden City, a move it claims will save 500,000 extra miles of transport per year for shipments heading into the capital.