A police investigation into DX Group’s Exchange business has been dropped a month after it opened. The preliminary investigation by City of London Police Economic Crime Directorate was announced on 7 June after an allegation was made against the company. In a statement today (7 July) DX said it had been notified that “after careful consideration of allegations made, the City of London Police will not be proceeding to a full investigation”. However the group added that it had made […]
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 […]
The post and parcels industry has said the impending Royal Mail strike could force customers to rethink their delivery options as rival operators prepare for disruption to their final-mile deliveries.
Embattled DX Group’s turnaround plans have been backed by investors, who have approved the issuing of new shares amounting to £4.76m of fundraising for the firm.