DX Group saw turnover slip during the first half of its financial year as it continued with its strategy of ending commercially unattractive contracts that were inherited with its acquisition of the former Nightfreight business. Its half-year results covering the period to 31 December 2014 revealed a drop in turnover to £147.4m (2013: £150m) as a result of culling contracts that do not have a profitable contribution as they come up for renewal. It is also continuing to consolidate its […]
Container haulier Goldstar Transport saw an 8.6% increase in turnover and a pre-tax profit rise of 35% in the 12 months ending 31 July 2012. The Felixstowe-based haulier, which has depots in Tilbury, Rochester, Southampton, Bristol, Liverpool, Birmingham and Wakefield, said in its annual report that turnover rose from £65.4m in the previous financial year to £71m. Pre-tax profit increased to £2.1m from £1.6m in 2011. In the report the firm added that gross profit margin had increased to 11.5%, […]
A police investigation into DX Group’s Exchange business has been dropped a month after it opened.