Palletways bought member company Systematic Logistics International (SLI) for just £100,000, the firm’s administrator has revealed. The company, which had an annual turnover of approximately £10m, was sold via a pre-pack administration in November. The move saved one of the pallet network’s longest serving haulier-members and protected 64 jobs – consisting mainly of drivers and administrative staff – all of whom transferred via Tupe to new owner Palletways. In a report to creditors, administrator FRP Advisory said SLI’s problems could […]
The members of the Association of Pallet Networks (APN) moved more than 17.5 million pallets in the first nine months of 2016.
Palletline has confirmed it will introduce a new pallet weight restriction of 750kg for tail-lift deliveries later this year, with the aim of boosting safety for its members’ drivers.