DX Group has issued a profit warning due to continuing challenges in the courier market and margin pressure within its freight business. In a trading update the operator said the tough trading conditions referred to in its update from 22 November 2016 had continued, including pressure on pricing. “While there has been strong momentum and wins in the Logistics business, the expected growth in higher margin revenue from our DX Courier and freight activities has not come through, impacting profitability due […]
DX Group is to take a close to £2m profit hit after an accounting error relating to the treatment of a leasehold property.
A final mile delivery trailblazer apprenticeship was given the green light at the end of last year, backed by the Institute of Couriers (IoC).