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 […]
Grangemouth Dock-based Duncan Adams is believed to have been placed into administration putting 148 jobs at risk.
The RHA has confirmed it would like to see a reduced maximum pallet weight applied to tail-lift deliveries right across the road haulage sector – not just among pallet networks.
The Potter Group has officially begun marketing itself as a Palletline member, following its takeover of pallet network member House of James in May. Palletline now has a dedicated page with contact details on the Ripon-based multi-modal company’s website, after Potter received permission to join from the network’s executive early this year. Potter’s takeover of House of James created a £33m company, adding 100,000ft² of warehousing space, 35 vehicles and 55 trailers to its fleet. The House of James brand […]