TNT Express has admitted that it is unlikely to hit its profit improvement target for 2015, following an increase in competitive pressures and poor trading conditions in Europe. In a trading update today, the express parcel carrier admitted that it is likely to take three to five years for its Outlook performance improvement strategy to show its full benefit. The Outlook strategy, which aims to improve group turnover and profit, was put into place earlier this year and incorporates its […]
DPD has opened the fourth in its series of new “super depots” ahead of what it expects to be its busiest Christmas peak period to date.
Stobart Group is to restructure is board of directors for the second time this year, with executive chairman Avril Palmer-Baunack to leave the company in May.