S&S Distribution’s fleet investment programme and the loss of a local customer that relocated contributed to a fall in turnover and profit last year. In its latest annual results to 30 June 2017, Tonbridge, Kent-based S&S Distribution, which was bought by Palletline in May 2015, reported an 2.5% fall in turnover to £7.8m (2016: £8m) and an 17.7% fall in pre-tax profits to £269,896 (2016: £328,191). Palletline financial director Mark McColl told MT that Palletline is very happy with the […]
Palletline is on course to launch a direct trunking service from January 2014, a move that its MD Kevin Buchanan believes has the potential to evolve the decades-old pallet network model.
Investment firm Kinaxia is on the hunt for further acquisitions following the purchase of Palletline member Panic Transport (Contracts).
Pall-Ex has moved swiftly to ensure coverage continuity after St Albans-based member Bill Chippington Haulage ceased trading last week. (14 June).