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 […]
Rothertham-based 4S Distribution has joined the Palletforce network to cover the S postcodes around the Rotherham and Barnsley areas.
Pallet-Track has accepted its third new member of the year after Grays-based Twin Wheel Logistics joined the growing network.
Wimbledon, London-based haulier ELB Partners has maintained its FORS gold status for a fourth consecutive year.