DX Group has acquired almost half of last-mile delivery firm Gnewt Cargo for £1.75m. DX has bought a 49.8% stake in the firm, which runs a 100-strong fleet of zero-emission vehicles for last mile multi-drop deliveries in central London. As well as running electric vans, Gnewt also has a fleet of minivans and cargocycles. DX hopes the acquisition will provide new capability to deliver for customers in the legal, financial and public sectors, and will bolster its high street and […]
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.
Leicester-based packaged chemicals logistics provider HW Coates Holdings has declared another rise in turnover for its last financial year but a significant decline in profits.