The CEO and financial director of DX Group have stepped down with immediate effect after what the business described as an “exceptionally difficult year”. Petar Cvetkovic and Daljit Basi are leaving the board and the company, with restructuring specialist James Hayward stepping in as chief financial officer. While the financial results for the year ended 30 June aren’t expected to be announced until September, the group has predicted turnover of £292m (2016: £288m) and profit before tax to be “in line […]
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.
DX Group’s largest shareholder has slammed the proposed acquisition of John Menzies Distribution, deeming it a bad deal for shareholders, an attempt to distract from “terrible” operating results and a “face saving exercise for the DX board”.
Welcome to the 2018 Motor Transport Power Players, the editorial team’s take on who will be the key influencers – including some of those who are up and coming in the industry rather than the established names – on the transport and logistics industry this year.