A growing customer base and increased network capacity drove growth at Tuffnells in the year to 31 August 2016 results, underpinning a successful performance for owner Connect Group. The parcel firm, which specialises in irregular dimensions and weights, saw turnover increase 7.3% year-on-year, from £162.6m to £174.4m. Its operating profit for the same period grew 4.9% to £15m (2015: £14.3m), though the company’s profit margin would have been even higher if not for investment in infrastructure. This saw the company open new depots […]
Up to 130 jobs may be affected at TNT Fashion Group UK as a result of plans to integrate elements of its dedicated supply chain operations within the wider TNT Express network.
Union Unite remains optimistic that most of the jobs under threat as a result of a restructure at TNT Fashion Group UK can be saved, regional officer Nick Halton told Motortransport.co.uk after an initial consultation meeting with the company.
TNT Express UK & Ireland has confirmed around 50% of TNT Fashion Group UK’s dedicated network of distribution sites will be integrated into existing TNT Express sites as part of the DC rationalisation announced in January.