Challenging market conditions in the UK and Europe combined with the loss of a major fashion contract saw pre-tax losses widen and turnover fall at TNT UK last year. Its annual results for the year to 31 December 2014 showed a 2.4% drop in turn-over to £725m last year (2013: £742m). Pre-tax losses increased almost threefold to £18.6m (2013: £6.4m). The directors’ report attributed declines to depot changes as well as major roadworks close to its sorting hubs, which it […]
The RMT union has called off a week-long strike at City Link after the parcel carrier applied for an injunction at the High Court.
Senior decision makers in the UK logistics industry are backing Brexit on 23 June, according to an online poll conducted on Motortransport.co.uk. .
DX Group has declared it is on the road to recovery, after trimming its annual loss by more than £60m.