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 […]
Bibby Distribution Services (Holdings) slipped into the red to the tune of almost £4m in the year to 31 December 2012, compared with a £4.5m operating profit the previous year.
Hargreaves Services has warned that its transport division’s operating profit may fall by £500,000 this year due a decline in the coal, steel and construction markets.