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Home  > Business/Finance  >  Diversified Services  >  Shipping & Logistics

UK Pallet Networks 2008


Published Date: December 2007
Published By: Transport Intelligence, Ltd.
Page Count: 114
Order Code: R636-51
 
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One of the key trends in the logistics industry has been a switch from FTL (full-trailer-loads) to groupage/LTL (less than trailer-load) and express parcels. This has come about due to the prevalence of just-in-time manufacturing which has placed an emphasis on the frequent replenishment of stocks in order to reduce inventory. This basic supply chain concept has required the supply side logistics industry to adopt more flexible, time sensitive business models, and it has also resulted in smaller consignments which can be more easily unitised using pallets.

The growth of the UK Pallet Network market over the last ten years has been phenomenal. Whilst traditional road hauliers have struggled with falling revenues and margins, the pallet networks have seen exponential increases in volumes. The industry is now attracting increasing interest from a range of express, parcels and logistics companies hoping to benefit from its success. With only a small market penetration the market looks set to continue its strong growth for many years to come.

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