Pall-Ex UK saw its pre-tax profit jump more than 200% in 2016 after results from its management restructure and growing membership began to take hold. The pallet network recorded a pre-tax profit of £499,000 for the year ended 31 July 2016; a 205% increase on 2015’s pre-tax loss of £474,000. Pall-Ex MD Kevin Buchanan said: “There has been major investment in both the management structure and strengthening of the UK member network, with 11 new members choosing to join us. […]
Pre-tax profit fell by almost a third at UK Mail in a year that saw the group move to a new hub and fit-it with incompatible parcel sorting technology.
DX Group’s new management team said last week that its turnaround strategy was gathering pace at the embattled business.
Kent operator Castledene Transport has left Pallet-Track after nine years to join rival network Palletline.