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 […]
S&S Distribution, the Kent-based haulier snapped up by Palletline last year, recorded a pre-tax loss shortly after its purchase, newly published accounts show.
Wimbledon, London-based haulier ELB Partners has maintained its FORS gold status for a fourth consecutive year.