DX Group delivered an improved performance in the second half of its trading year, but this wasn’t enough to offset the damage done earlier on, the operator said today. In the company’s preliminary results for the year ended 30 June 2016, DX Group CEO Petar Cvetkovic described a “challenging year”, which saw the operator hit by £92.1m of exceptional items, resulting in a pre-tax loss of £82.7m (2015: £24.8m profit). The exceptional items included a one-off goodwill impairment of £88.4m […]
Telematics market leader Microlise became a PLC when it listed on the Alternative Investment Market (AIM) of the London Stock Exchange on 22 July. CEO Nadeem Raza tells MT why.
Rico Logistics has told MotorTransport.co.uk that further acquisitions are on the cards, after its integration of the DHL Express Same-Day courier business it bought last November.
More than one-third of transport and haulage businesses in the UK are at risk of collapse, according to insolvency trade body R3.