News distribution specialist CM Downton has secured its first contract with Connect Group’s Smiths News. Smiths News, sister company to Tuffnells Parcel Express, has a 55% market share of the news distribution industry. Downton’s contract with the group will see the operator perform multiple daily trunks of magazines between a Smiths News magazine hub in Hemel Hempstead and depots in Stevenage and Hornsey. Downton said its experience in the print sector helped it secure the deal in a competitive tender. […]
Connect Group has appointed the former CEO of an American logistics supplier as its new chief executive, after a troubling set of results for the group triggered the resignation of Mark Cashmore last month.
CM Downton has made a £4.5m investment in its fleet after a take-off in demand, purchasing 50 new tractor units and 60 curtainsided trailers.
Connect Group reveals more details of strategic review of troubled Tuffnells business as CEO steps down
Connect Group has revealed further details of the strategic review of its troubled Tuffnells business after announcing that CEO Jos Opdeweegh has stepped down.