Private equity company TPA Capital has taken a controlling stake in Wolverhampton-based Pallet-Track. In a statement released today (11 March), TPA Capital said it was delighted to strike the deal with the pallet network, which has 90 haulier members. Set up by MD Nigel Parkes in 2002, with commercial director Carl Jones, Pallet-Track has regional hubs in Wigan and Welwyn Garden City and claims to process around 3.5 million pallets a year. Directors Parkes and Jones held 52% and 24% […]
Kenyon Haulage has joined the Fortec Distribution Network, covering the Blackburn, Blackpool and PR postcodes for the pallet network.
The Pallet Network (TPN) has appointed industry veteran Bob Richards as operations director.
As the economy struggles, UK pallet networks continue to record year-on-year growth. The UK’s pallet networks shifted more than 15.3 million pallets last year, a 7.3% rise on the number moved in 2010. Data from the Association of Pallet Networks (APN) shows that while the UK, and beyond, has endured recession, the networks have continued to outperform the economy. Eight of the nine UK networks are APN members, representing more than 650 hauliers, almost 30,000 vehicles and 13 million ft2 […]