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 […]
Having achieved record volume last year 2013 is set to be another record breaker, with the UK’s nine pallet networks on course to handle the most pallets through their systems that they have ever done since the launch of the concept two decades ago.
Eddie Stobart Logistics has seen its group turnover surge by more than a third thanks to a shopping spree that has seen it buy iForce, half of Speedy Freight and The Pallet Network (TPN).
Woodall Group was shown the door from The Pallet Network over £350,000 debt, according to its administrator
Woodall Group was kicked out of The Pallet Network (TPN) because it owed the Eddie Stobart-owned business £350,000, according to the firm’s administrator.