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% […]
Logistics firm Davies Turner has leapt 42 places to 119th position in the latest Sunday Times PwC Top Track 250 league table.
MT Top 100 company Seafield Logistics has been placed into administration.
Connect Group has warned its performance since May has been “slightly below” market expectations, as it revealed that its plan to slash group debt through the sale and leaseback of property had hit the buffers.