DX Group made a pre-tax loss of more than £80m in the year ended 30 June 2017. The group issued a profit warning about the year’s results in February, and its CEO Petar Cvetkovic stepped down in June after an “exceptionally difficult year”. Though DX Group did see a 1% growth in turnover to £292m, the embattled company has now lost north of £160m in the last two years. The majority of the the pre-tax loss consists of an exceptional […]
Road haulage rates have risen only fractionally in the last two years, provisional figures from the Office for National Statistics (ONS) have shown.
FTA policy director Elizabeth de Jong has told motortransport.co.uk that the government needs more proof that some hauliers are close to collapse before it can offer sector-specific support.