Jack Richards & Son increased turnover by 17% last year after benefitting from “a benign market”, according to its MD. However, pre-tax profit at the Norfolk haulier fell from £1.2m to £988,000 in the year ending 31 May 2018. It blamed this on an increase in administrative expenses. The Fakenham-based company boosted turnover to £53.7m, an increase of £7.8m on the previous year. In a statement within the latest financial results, MD Peter Brown said: “Net cash generated from operating activities […]
Pallet-Track members have backed a move to increase the pallet network’s internal delivery rate to pay for power-assisted delivery equipment to address weight concerns.
Jack Richards & Sons has extended and expanded its contract with charcoal firm Big K Products for a further three years. Martin Zuill, transport operations manager at Big K, says: “Jack Richards [has] more than proved its logistics capability. So much so, that we’ve decided to award them with the contract to distribute our pallet network products throughout the UK.” Jack Richards is a member of Palletways. Dominic Purslow, Jack Richards & Son depot principal, adds: “We’re delighted to be […]
Private equity company TPA Capital has taken a controlling stake in Wolverhampton-based Pallet-Track.