The Pallet Network (TPN) has hailed its acquisition by Eddie Stobart Logistics in June 2018 as a positive move which has opened the door to “accelerated growth”. Despite ESL’s continued financial turmoil, TPN revealed that it delivered turnover of £84.3m in a reporting period spanning only eight months to 30 November 2018. This compared to turnover of £107.2m for the full year to 31 March 2018, while pre-tax profit in the period stood at £3.2m (March 2017: £5.4m). In its […]
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.
Once again the UK’s nine pallet networks bucked the general trend within logistics in 2012, delivering another year of growth. While Greece teetered on the precipice, dragging the whole eurozone deeper into its protracted economic malaise, Europe remained the focal point for many of the UK’s networks looking for the next big thing. European market leader Palletways faces competition with Pall-Ex’s ambitious European plans remaining on course despite the economic headwinds from the Continent, and Palletforce finally revealing its hand […]
The continuing rise in internet shopping and an increase in the carriage of hi-tech and high-value goods helped members of the Association of Pallet Networks (APN) deliver a strong performance in 2015.