DX Group’s new management team said last week that its turnaround strategy was gathering pace at the embattled business. With a pre-tax loss before exceptional items of £9m (2016: £500,000 loss) and a cash call for £4m from investors to allow it to deliver its vision for the reborn group, its clear there’s no time to dawdle. Under CEO Lloyd Dunn, DX is placing its hopes for a comeback on empowering its managers, expanding its network and separating its freight […]
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”.
Cambridgeshire family firm Knowles Transport has joined pallet network Palletforce as part of a fresh drive to grow its business though more local work.
The cost of rolling-out and running Whistl’s end-to-end final mile delivery service had exceeded £10m by the end of 2014, newly published accounts reveal.