The extraordinary general meeting called for by a DX Group shareholder has been cancelled after the delivery company announced its intention to buy Menzies Distribution. Gatemore Capital Managemen called for the meeting last month to try and have Bob Holt and non-executive director Paul Murray removed from the board and replaced with four new candidates. The move was prompted by a 90% fall in DX share price in the last two years, but Gatemore said it had withdrawn the request […]
DX Group has taken another significant step on the road to its rehabilitation, its CFO David Mulligan told motortransport.co.uk today (5 March).
DX Group made a pre-tax loss of more than £80m in the year ended 30 June 2017.
The logistics industry has welcomed the proposals in the Taylor review into self-employed workers as a sensible, half-way house that would provide those in the ‘gig economy’ more security while still affording businesses the flexibility they require.