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 […]
Yodel’s annual loss increased by nearly half, its latest financial accounts reveal, despite a change in senior management and the firm’s extensive remodelling of its network.
Palletways has relaunched its member recognition scheme with the help of British explorer Sir Ranulph Fiennes, in a bid to create an even more exclusive club.
Kinaxia Logistics has snapped up its seventh haulage firm in just over five years, with Telford-based AJ Maiden & Son, which trades as Maiden’s of Telford, joining the fold.