Pallet-Track grows hub

Pallet-Track plans to add 3,000sq m to its central hub in Wenesbury in April after growing volumes by 64% in the year ended December 2005.
Pallet-Track says it moved 414,823 pallets in the year, its second year of operations, compared with 254, 166 pallets in its first year.
Managing director Nigel Parks tells motor transport: ‘We believe we are the fastest growing network; nobody has grown at the speed we have. The anticipated growth for 2006 is a further 40%.’
Parkes says the firm saw a 50% growth in the monthly volume of pallets it moves. In January 2006 it moved 40,516, compared with 27,093 pallets moved in January 2005. The Network launched a debt production trust for its members in January. Members contribute to the trust per pallet: inputers contribute 8p per pallet, whilst deliverers input 12p per pallet. ‘The deliverers are more likely to make a claim,’ explains Parkes.