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 […]
Nightfreight has been acquired by DX Group in an undisclosed cash deal that creates a mail, courier and distribution business with a combined turnover of approximately £290m. As part of the acquisition former City Link MD Stuart Godman will join the combined managerial board as chief operating officer. His former Target Express and City Link colleague, DX chief executive Petar Cvetkovic, remains in his current role while Nightfreight chief executive Ian Smith becomes DX strategy director. Cvetkovic says the acquisition […]
TfL will be launching the Freight Compliance Unit (FCU) this summer to serve as the central point for all enforcement activity against HGVs in the capital.
Civil war on the DX board, Eddie Stobart Logistics hitting the stock market and industry opinions on the Bath tipper case make up the latest episode of the Motor Transport Podcast.