The Group is the franchise holder for Pall-Ex in Romania and was the founder member of the alliance which now extends to more than 33 members in Romania. This franchise network is connected to the Pall-Ex network in the UK and Europe. The Pall-Ex concept operates on the basis of a palletised freight express transport service which uses a network of regional and central hubs to ensure all movements of goods are, as far as possible, with a full overnight load. The Pall-Ex Romania network commenced trading in January 2012, transporting 868 pallets in its first month. Current volumes exceed 40,000 pallets per month and the Directors expect volumes to continue to rise.
The average consignment size is 1.46 pallets, which can be distributed across Romania normally within 24 hours. As a result of the success of Pall-Ex Romania, the Pall-Ex Group has recently awarded Xpediator the master franchise licences for both Hungary and Moldova.
The Board expects Pall-Ex Hungary to start trading in the last quarter of 2017 and Moldova by the second quarter of 2018.