The sale of a controlling stake in Pallet-Track to TPA Capital in March was heavily influenced by the arrival of a new wave of deep-pocketed owners within the sector, its MD has revealed. Speaking exclusively to motortransport.co.uk, Nigel Parkes said that although there was an element of de-risking in his decision to sell some of his shareholding in the network to TPA Capital, “the catalyst was seeing an industry becoming more corporate”. Ahead of the sale Parkes held 51% of […]
Palletways member Rase Distribution has hardened its stance on pallet weights and is now refusing to deliver anything over 750kg in weight to residential addresses.
The MD of the the Hazchem Network has said its specialism in ADR, a new hub and the fact that the regulations that underpin its work are European rather than EU mandated, means the business is facing the future with positivity.
Six months after leaving Fortec to join Palletways, Newark-based International Logistics Centre said it is reaping the benefits of Palletways’ IT system, which it claimed had cut administration hours at the haulage and freight forwarding business.