Latest figures from Pallet-Track showed that the network made a pre-tax profit of £4.7m last year, down from almost £7m in 2021. Revenues also slipped by £2.3m to £132m from almost £134m the year before. However, Pallet-Track said its hub revenues grew by 3% during the period, primarily due to an increase in hub transshipment […]
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Express parcels and mail provider UK Mail Group says it is taking action to plug the gaps in its pallet distribution business UK Pallets. It reported a significant decline in operating profit from this division during the first six months of the financial year. While revenue from its pallets business rose 0.8% to £14.3m in […]
NWF Group said in a trading update it had continued to outperform and as a result the board anticipated full year results to be significantly ahead of revised expectations.
NWF Group’s chief executive has praised the company for its “strong” performance in the face of Brexit, Covid-19 and a cyber-attack – despite a fall in both revenue and pre-tax profit.