Pall-Ex records strong volume growth as sector declines

In its first year as a management and member-owned pallet network, Pall-Ex has achieved 11% growth in volumes and a 20% increase in shareholder membership enquiries.

Pall-Ex now has more than 80 shareholder members, 15 of which joined in the last year. It has bucked a sector-wide trend (that recorded volume drops of 1.1%) by achieving 11% volume increases in the last 12 months.

Core to the volume growth according to Pall-Ex, has been its investment in logistics technology. MyNexus provides sector-leading tracking and visibility that vastly improves the user experience in the B2C market.

Other achievements included handling its 20 millionth domestic pallet through the Pall-Ex central hub, and being given an award by the Ministry of Defence for employing ex-service personnel.

Kevin Buchanan, Group CEO at Pall-Ex Group, comments: “We are proud of everything we have accomplished during our first 12 months as a management and member-owned partnership.

“It hasn’t been the year that we anticipated, but despite all the challenges we have faced as a sector, Pall-Ex has successfully negotiated this difficult period for the benefit of our network.

“We have established ourselves as the network of choice for hauliers and underlined our position as the number one network for quality by maintaining steady growth within the B2C market.

“As a Group, we have also seen growth in mainland Europe, with two of our partners relocating to larger central hubs as well as introducing a chilled pallet distribution service that will disrupt the market in Iberia.

“The Pall-Ex Group already moves more than 20,000 per day within the European operations. Over the next 12 months we anticipate further growth within the B2C market and plan to drive our European growth into new territories

“We have demonstrated that Pall-Ex is the network that supports and champions independent hauliers through growth, technology and sector challenges.

“Pall-Ex and Fortec celebrate their 25th anniversary in 2021 and we are confident that this milestone will add further fuel to our organisation’s success.

“We would like to take this opportunity to thank our UK network members and European Partners for their hard work and dedication over the last year.”