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Britain’s seven surviving pallet distribution networks are jockeying for position following the decision by UK Mail Group to close its UK Pallets operation.

The parcels, mail and logistics services provider warned in an interim results statement last November that its “non-core” UK Pallets arm had suffered declining profitability in recent years and was “continuing to experience a number of challenges”.

UK Pallets was the group’s smallest business, contributing just 5.3% of group revenue and 2.3% of group operating profit in the year ...

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