Glasgow-based Monarch Transport is under new ownership after the completion of a management buyout (MBO) at the firm. John Weir and Derek Anderson completed the acquisition of the business this month, having begun the process with an initial payment last December. The deal, supported by an independent bank, sees founder David McFarlane, a Palletforce founder haulier-member, exit, although he will continue to advise the business as a consultant. Monarch Transport, based at Moorpark, also has a depot in Hucknall, Nottinghamshire. […]
Palletforce has incorporated Olympic data into its Alliance IT system to provide its 100 UK depots with the latest Games information this summer. Network members now have information about the 109 Olympic Games Lanes on the Olympic Route Network, as well as delivery restrictions affecting venues. Dean Hughes, IT director for Palletforce, says: “During the games there will be road layout alterations, diversions, parking and loading restrictions, special Games Lanes and extra security measures all of which will impact on […]
Palletforce has partnered with Italian pallet network One Express, launching a direct service to Italy for its members. The partnership began on 1 November and will allow Palletforce to offer its members day definite delivery and daily departures to Italy. Bologna-based One Express, which has 70 depots over Italy, is the first European network that Palletforce has collaborated with and members will be able to access the new service through its existing Alliance IT system. Palletforce chief executive Michael Conroy […]
AK Worthington’s fledgling international division is rapidly gaining momentum, with turnover expected to rise by 50% in the next 12 months, from about £1.2m to £1.8m.