When news broke in June that Pall-Ex was about to take over the Fortec Distribution Network, many saw the move as a major consolidation of the pallet sector. But as the dust settles on the deal, which comes only nine months after the management buyout which saw Pall-Ex founder Hilary Devey step down from the day-to-day running of the business, group chief executive Kevin Buchanan takes a different view: “We regard it as a major partnership rather than a consolidation,” […]
Palletways has cemented its position as Europe’s largest pallet network with the opening of both Bulgarian and Romania hubs.
Logistics firms need to learn from the Covid-19 pandemic and guard against “knee-jerk reactions”, according to KPMG supply chain expert Maureen O’Shea.
Norbert Dentressangle has been officially purchased by XPO Logistics. The deal to acquire 67% of the business from the Norbert family has gone through less than six weeks after an unsolicited €3.24bn (£2.3bn) bid was made by the US firm for the business.