DX Group has had its revised planning application for a ‘super hub’ at Essington in the West Midlands rejected by the local council. The rejection follows the group’s profit warning last month, which it attributed to continuing challenges in the courier market and margin pressure in its freight business. DX Group had planned to move its headquarters and 550 staff from its current base in Willenhall to the 44-acre site, which would create another 150 jobs. However continued opposition from local […]
DX Group has declared it is on the road to recovery, after trimming its annual loss by more than £60m.
With volumes and demand on the up, 2012 has been a year of change for parcel carriers. But adjusting to the increase in demand in a competitive market has been easier for some than it has for others. Motortransport.co.uk looks back at some of the biggest stories in the parcel market during the past 12 months. UPS agrees TNT takeover bid Parcel giant UPS’ planned acquisition of TNT Express was one of the most talked about stories in the parcels […]
DX Group shareholders controlling almost a fifth of the company have signed a letter demanding the board terminates discussions with John Menzies about a proposed takeover, unless the deal is improved significantly.