UK Mail Group saw turnover and pre-tax profit climb last year thanks to increased volumes, winning new business and retaining existing customers in its parcel and mail divisions. Average daily volumes in its parcels division grew 19% last year, its results for the year ended 31 March 2014 showed, which it said enabled the business to better spread the its fixed costs and increase its operating margin. Despite this, the group expects growth in parcel volumes to slow this year […]
DX Group said significantly increased volumes would result in revenue growth £10m higher than previously anticipated and as a result it would repay government support provided during the pandemic.
Surging profits, a string of successful contracts and a shrewd growth plan have made Expect Distribution a stand-out performer in the haulage sector. But the Bradford-based 3PL has also made the welfare and gender diversity of its staff a top priority.
The haulage industry fared better than most UK sectors during the second quarter of the year, with a slowdown much less pronounced than elsewhere, according to official figures.