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 […]
Pall-Ex has strengthened its safety procedures and introduced improved software to help accelerate its drive into the B2C market.
Palletforce has partnered with Italian pallet network One Express, launching a direct service to Italy for its members. The partnership began on 1 November and will allow Palletforce to offer its members day definite delivery and daily departures to Italy. Bologna-based One Express, which has 70 depots over Italy, is the first European network that Palletforce has collaborated with and members will be able to access the new service through its existing Alliance IT system. Palletforce chief executive Michael Conroy […]
NFT owner EmergeVest had made a £30m bid for pallet network Palletforce.