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 […]
TNT said 2015 will continue to be a year of transition for the company after reporting third quarter turnover of €1.6bn (£1.2bn), up 2.3% year-on-year, and a €27m operating loss, compared with an operating loss of €51m for the third quarter of 2014.
Owens Group is looking to buy a facility in Wrexham after its last financial year saw profit more than double.
Tuffnells Parcels Express sales have risen sharply with almost 300 new customers being brought on board since it was acquired in December by Connect Group.