UK Pallets to close

Private postal operator UK Mail Group is to close down its UK Pallets arm, citing poor performance and falling profits. The operation is seen as non-core, accounting for around 6% of the parent company’s total revenues. UK Mail had warned investors in November that it would need to take action to address the problems at the Lichfield-based pallets operation. Fellow network operator Pall-Ex said it was offering assistance to the 73 UK ... [+]

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