The Nightfreight name will disappear from UK roads as its parent company, DX Group, revealed its fleet will be re-liveried as it strengthens the acquisition it made last year. It has also emerged that Nightfreight contributed £300,000 of EBITDA to DX in its first 15 weeks under new ownership, albeit during its peak season, according to figures filed at Companies House. DX bought Nightfreight in March 2012 for £11.6m. It had struggled to make money under its previous owners, Penglais […]
TNT UK saw its finances tumble into the red last year following the loss of a major contract, posting a £6.4m loss just a year after it quadrupled its pre-tax profit.
Knights of Old has acquired 10 new Scanias at short notice for a contract renewal – and had them decked out in a new livery.