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  4. Three million pallet milestone

Pall-Ex Romania passes three million pallet milestone.

Pall-Ex Romania passes three million pallet milestone.

Pall-Ex Romania has achieved a significant milestone this month having delivered three million pallets since it was established in 2012. A Pall-Ex franchise, owned by Xpediator, (AIM: XPD) a leading provider of freight and logistics management services across the UK and Central and Eastern Europe announced the achievement earlier this week.

Pall-Ex Romania is the only palletised freight distribution network in the region, offering a palletised freight delivery service to any part of the country within 24 hours. The network has grown rapidly from transporting hundreds of pallets in its first month of trading in January 2012 to transporting tens-of-thousands of pallets each month in 2019.

Operating as a franchisee of Pall-Ex Group, Pall-Ex Romania follows a similar business model to the UK operation with single or multiple pallets being transported by its quality membership.

Pall-Ex has 39 members all who are well established Romanian regional hauliers and have collectively delivered over three million pallets to thousands of local, national, and International customers. The service continues to grow on the back of sustained demand for just-in-time express deliveries, a trend to reduce stocks and a growth of online retailing.

Pall-Ex Romania continues to go from strength-to-strength and is a pivotal partner in Pall-Ex Group’s International expansion. We pride ourselves on providing a sector-leading palletised freight distribution solution, Pall-Ex Romania emulates our quality ethos and has shown significant growth and profitability since launching in 2012."
Kevin Buchanan, Group CEO

This achievement follows the recent opening of Pall-Ex Romania’s new cross-dock facility in Sibiu, which is located in the centre of Romania, to support increased demand as well as provide capacity for future expansion.

Stephen Blyth, Chief Executive Office of Xpediator, said:

“Pall-Ex Romania is a formidable business and continues to expand year on year.  As the only palletised freight member network in Romania, it is ideally placed, and we have consistently invested in the business to maintain and expand upon this position. There is still substantial scope within Romania to grow and we also have the option to operate the same service in neighbouring countries under the Pall-Ex franchisee licence. We expect it won’t be long before we transport our 4,000,000th pallet.”

Kevin Buchanan, Group CEO, Pall-Ex Group comments:

”Pall-Ex Romania continues to go from strength-to-strength and is a pivotal partner in Pall-Ex Group’s International expansion. We pride ourselves on providing a sector-leading palletised freight distribution solution, Pall-Ex Romania emulates our quality ethos and has shown significant growth and profitability since launching in 2012.

A huge congratulations to everyone within the business on reaching this momentous milestone. As a Group, we look forward to working together, winning together and achieving further successes as our new Core Operational System launches in the region in early 2021.”