Private investment firm TPA Capital has taken a controlling stake in Pallet-Track, a well-known name in the palletised freight industry. Pallet-Track comprises almost 90 haulier members who leverage the network to provide nationwide coverage to their customers. Established by Nigel Parkes, Managing Director, in 2002, the business now processes c.3.5 million pallets a year through its main central hub in Wolverhampton and its two regional hubs in Wigan and Welwyn Garden City.
TPA’s investment comes at a time when demand for flexible palletised logistics solutions continues to grow, with pallet networks becoming increasingly integral in ensuring regional hauliers have the infrastructure to service customers across the UK. Pallet-Track’s highly efficient sortation hubs, together with its market leading proprietary technology platform, enables its haulier members to deliver their customers dependable and high-quality service.