Pallet network Palletforce, which is part of the EV Cargo group, has completed the divestment of its haulier members. In a statement it revealed the sale of UK Freight Masters (UKFM) to TTT Logistics Group, which owns TPN member Allegro Transport and the Logistifix and Fleetfix businesses. Palletforce said that after moving QTR Transport to EV Cargo’s CM Downton business earlier this year, it could now focus on its strategy of being the UK’s premier pallet network. Belvedere, Kent-based UKFM […]
Private equity company TPA Capital has taken a controlling stake in Wolverhampton-based Pallet-Track.
Pall-Ex’s ambitious European expansion plan remains on track, despite the economic volatility gripping the Continent, deputy MD Cris Stephenson has said. Pall-Ex has set itself the target of having a 15 country-strong network of European franchisees by 2015. Stephenson confirmed its European expansion was “on track, and unchanged”. He said pallet networks’ inherent efficiencies and co-operative approach meant that, despite Europe’s troubles, they “play into that quite usefully. In times of economic trouble they are [often] a better option.” Pall-Ex […]
Pall-Ex has revamped its international pallet services, in a bid to allow customers and members to arrange overseas deliveries easily via a single booking transaction.