Menzies Distribution has bought fully electric final-mile delivery firm Gnewt Cargo for an undisclosed sum. London-based Gnewt Cargo runs 100 electric vehicles in the city, and Menzies said the acquisition will support its drive to build a neutral, UK-wide parcel consolidation service while boosting its green portfolio. Menzies MD Greg Michael added it would give the operator a “stronger, cleaner presence in the London market”. A spokesman for Menzies told MT the Gnewt Cargo name would remain in place, as […]
Logistics and delivery firm Menzies Distribution has strengthened its hold on the Irish market with the purchase of Irish news and magazine wholesaler, EM News Distribution.
DX Group is set to edge back into the black with new work and operational efficiencies helping efforts to turn the loss-making business around.
DX Group has issued a profit warning due to continuing challenges in the courier market and margin pressure within its freight business.