Tuffnells Parcels Express sales have risen sharply with almost 300 new customers being brought on board since it was acquired in December by Connect Group. Commenting on Connect Group’s interim results to the end of February, group chief executive Mark Cashmore said Tuffnells represented “a significant step in our growth strategy” and added that the parent company was “delighted with its initial performance”. In the six months to the end of February, group revenue was just over £909m (up 1.2% […]
Yodel owners, the Barclay family are thought to be considering offloading the troubled company.
Hermes has taken on a 47,000ft² depot near Liverpool, as part of its ongoing investment in its network and capacity.
Operators due to appear at public inquiries are urged to review their financial standing requirements in light of the Covid-19 pandemic, following cases in which firms struggled to demonstrate compliance before the traffic commissioner.