Ipswich-based Lombard Shipping began operating the Liverpool region for Fortec at the start of September. The firm set up LP Pallets just four months after launching IP Pallets to cover the Ipswich region for Fortec.
Read MoreUnited Pallet Network says it remains on track despite a number of members expressing concerns about the recent departure of several depots.
Firms leaving include Haulways and McCarthy Haulage to Pallet-Track and William Kirk to Palletline.
Shares in Business Post Group slumped 27 per cent yesterday after the mail delivery company said pre-tax profit would be “substantially” below last year.
The UK’s fourth-largest mail operator expects pre-tax profit for the year to March 2006 to be 10 per cent lower than last year’s Pounds 20m. Only in July the company had said trading was in line with expectations. Paul Jones, analyst at Numis Securities, said: “This is very much a surprise. Business Post had a reputation for delivering good growth and performance. They have been caught out.” The company said the expected profit fall was due to tough trading at its Express business-to-business parcels unit, which accounts for about half the turnover.
Bullet Express, the pallet distributor near Glasgow, was faxing 11,000 companies on Tuesday night to launch a new online service called Scottish Pallets. Hauliers and othe companies can book pallet deliveries online, leave pallets at the depot overnight and have the PoD available online the next day with full track and trace. Bullet Expres makes the final delivery on its own trucks.
Read MoreCircle Express has become the first major air freight trucking company to link up with a UK pallet network. The move by the UK’s biggest independent air cargo trucking supplier means agents can choose between a next-day delivery service for palletised cargo via the Pallet Track network, or Circle’s existing premium air freight trucking service. The move reflected increasing pressure on forwarders’margins, as well as the tendency for agents to also take on logistics or general distribution work for shippers, said Circle regional director Richard Crook. Pallet networks had also begun to penetrate those markets, putting pressure on rates.
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