Palletways buys network member Systematic Logistics International out of administration

Firms thought to be left out of pocket following the administration of car transporter Eulos.EU will now receive a distribution after an unexpected insurance settlement led to an £11,000 payout.

A range of support measures introduced by Palletforce in order to protect members and maintain volumes during the Covid-19 pandemic has helped the network achieve “record” demand.

Logistics UK has warned the government it needs to act now to stimulate economic activity and restore consumer confidence amid claims the nation’s businesses are “stagnating” after two months of cautious re-opening following the pandemic.