DX Group has ordered four specially designed 5-tonne GVW vehicles with chassis conversions and lightweight bodies. The cab is a Fiat Ducato Maxi with a 3 litre engine. The chassis was supplied and fitted by Al-Ko Kober in Warwickshire and the body supplied by Leicester-based Doyles Commercial Vehicle Bodybuilding. Each have a payload capacity of 2,200kgs. The first two have entered operation at its Heathrow and Exeter service centres, while the remaining two are due to be delivered to its […]
The Nightfreight name will disappear from UK roads as its parent company, DX Group, revealed its fleet will be re-liveried as it strengthens the acquisition it made last year.
Royal Mail began conditional trading on the London Stock Exchange this morning (11 October), with shares rising in value by over a third just an hour and a half into its listing.
Nightfreight has been acquired by DX Group in an undisclosed cash deal that creates a mail, courier and distribution business with a combined turnover of approximately £290m. As part of the acquisition former City Link MD Stuart Godman will join the combined managerial board as chief operating officer. His former Target Express and City Link colleague, DX chief executive Petar Cvetkovic, remains in his current role while Nightfreight chief executive Ian Smith becomes DX strategy director. Cvetkovic says the acquisition […]