Driver shortage blamed for profit warning at DX Group


 

DX Group has issued a profit warning, citing the shortage of HGV drivers as a key factor in driving up costs. In a trading update the company warned that a driver shortage, pricing pressures, volume erosion at its secure delivery service DX Exchange, and the slow conversion of its new parcels business pipeline had contributed to a 5.3% revenue fall in the first four months of this year, compared with the previous quarter. “The board now expects profits will be […]