DX Group saw turnover slip during the first half of its financial year as it continued with its strategy of ending commercially unattractive contracts that were inherited with its acquisition of the former Nightfreight business. Its half-year results covering the period to 31 December 2014 revealed a drop in turnover to £147.4m (2013: £150m) as a result of culling contracts that do not have a profitable contribution as they come up for renewal. It is also continuing to consolidate its […]
Air freight haulier Saints Transport more than tripled its losses in the 18 months to 30 June last year.
The post and parcels industry has said the impending Royal Mail strike could force customers to rethink their delivery options as rival operators prepare for disruption to their final-mile deliveries.
A turn-round strategy introduced at Aspray Transport last year led to the next day carrier spending almost £400,000 to tackle a “highly challenging” environment resulting in the firm recording a loss.