News International (NI) says it is extending its newspaper distribution contract with own-account operator Smiths News, a deal that is worth over £40m a year. The agreement will see Smiths news distributing copies of the Times, Sunday Times and the Sun until 2019, increasing the group’s market share of NI’s wholesale business to just under half. Smiths News CEO Mark Cashmore says: “We are delighted to be extending our relationship with NI, which further endorses our business model and reinforces […]
Tuffnells owner Connect Group is to sell its care and education division in order to focus on the growth of its parcels and news services.
Connect Group has continued to enjoy growth in the first half of its trading year driven by its acquisition of Tuffnells Parcel Express in 2014.