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 […]
A Davies Transport based in Yorkshire has re-joined Pall-Ex, covering postcodes within the Wakefield area.
Jack Richards & Son increased turnover by 17% last year after benefitting from “a benign market”, according to its MD.
Palletforce is looking to take advantage of inevitable consolidation in the pallet sector with its new £50m hub, according to chief executive Michael Conroy.