The Pallet Network sees profits rise under Eddie Stobart Logistics’ ownership


 

The Pallet Network (TPN) continued to thrive in its first full year after being acquired by Eddie Stobart Logistics (ESL), according to its latest annual results. TPN, which was bought for £52.8m by ESL in June 2018, reported a “strong year” in all areas, despite the impact of Brexit, with a rise in membership numbers and the continuing success of its regional hub strategy. TPN’s latest financial results to 30 November 2019 revealed a rise in turnover to £129.3m in […]