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 […]
Canute Group’s former pallet network is seeking to have the business wound up next month if it refuses to settle a bill of £47,489.35.
Woodall Group in Birmingham has confirmed it is no longer working with The Pallet Network (TPN).
Palletways member Sovereign Transport has hired a Hermes field manager as its new business sales executive.