Palletways is the latest network to report increases in revenue and profits in a year ravaged by Covid-19, driver shortages and Brexit fallout. The palletised goods service saw turnover increase by 14.8% to £220.8m in the year ending 30 June 2021. Pre-tax profit soared by 35.5% to £23.2m. In a review of its business, the network said volumes had improved significantly during the trading period as the company recovered from the initial impact of the pandemic and restrictions were eased. […]
Leicester-based Premier Logistics has extended its coverage within the Pall-Ex pallet network, following its purchase of the business and assets of Cobley Transport (Reading) last year.
Palletways (UK) saw turnover increase to £163.7m in the year to 31 May 2015 (2014: £146m), according to its latest accounts published at Companies House.
Burnley-based EFS Global is back on the acquisition trail, snapping up freight forwarder AFI UK for an undisclosed sum. Mark Jones, EFS Global MD, said: “Our acquisition of AFI UK is another step forward in our expansion plans. “The business is a perfect fit and is a great addition to our group as we continue to focus on growing our reach and market share.” Read more EFS Global expands postcode coverage during Covid-19 pandemic EFS Global buys Caistor Distribution Palletways […]