Pall-Ex defied “challenging” market conditions to deliver a 31% leap in pre-tax profits and a 10% rise in member volumes last year. In its latest annual results to 31 July 2018 the pallet network, which has around 95 members, saw turnover increase by 8% to £71m (2017: £65.9m) with pre-tax profit rising by 31% to £2.5m (2017: £1.9m). The network strove to cut costs in the year, according to the results, reducing administrative costs to £7.5m (2017: £7.6m), which the […]
The MD of Potter Logistics has described the 2013/14 financial year as another excellent one for the Selby-based business, with a near 50% increase in pre-tax profit.
Palletforce’s recent reorganisation of its East Midlands coverage saw H Beardsley exit the network, to be replaced by Lockwood Haulage and Nelson Distribution. This is the first time these two well-established operators have joined a pallet network as Steve Hobson reports.
Logistics business groups have welcomed the Chancellor of the Exchequer’s series of measures to get the economy back on its feet, but warned that further initiatives are needed to prevent a slew of job losses.