Turnover climbs at logistics group but profits dip

Turnover climbs at logistics group but profits dip

Pallet-Track climbed towards the £140m mark last financial year, though pre-tax profits dipped Pallet-Track is a pallet network comprising more than 90 shareholder members across the UK.  The Wolverhampton-headquartered company has reported a turnover of...
UK port freight declines in Q2 2024

UK port freight declines in Q2 2024

UK Department for Transport reports port freight declines in Q2 2024 amidst post-Brexit trade shift UK major ports experienced a 1% year-on-year decline in total freight tonnage for Q2 2024, handling 108 million tonnes, according to the ‘Port Freight Quarterly...
UPS announces acquisitions to expand

UPS announces acquisitions to expand

Parcel delivery giants acquire complex healthcare logistics provider UPS will acquire complex healthcare logistics provider Frigo-Trans and its sister company BPL as part of its work to enhance its end-to-end UPS Healthcare cold chain logistics capabilities...
New 42,500 sq ft logistics development

New 42,500 sq ft logistics development

Work under way on new 42,500 sq ft industrial and logistics development at Trafford Park Caddick has been appointed by Trebor Developments on behalf of The Prudential Assurance Company and M&G Real Estate to build Ark 42, a new 42,593 sq ft industrial and...
Blackstone Acquires Pan-European Logistics Platform

Blackstone Acquires Pan-European Logistics Platform

Largest alternative asset manager acquires Burstone’s Pan-European Logistics (PEL) platform  Blackstone, the world’s largest alternative asset manager with over $1 trillion in assets under management, will acquire an 80% stake in Burstone’s Pan-European Logistics...
HAE EHA appoints new commercial director

HAE EHA appoints new commercial director

Hire Association (HAE EHA) appoints new commercial director to drive growth in 50th year Hire Association Europe & Event Hire Association (HAE EHA) has announced the appointment of a new commercial director to support its continued growth in its 50th year of...