Connect Group’s CEO and CFO are to leave the business and its Pass my Parcel network will be closed, following a grim trading update that laid bare significant challenges at Tuffnells. The update said that the group’s performance in the third quarter had been “extremely disappointing”, and Connect had consequentially “materially reduced” its pre-tax profit forecast for the full year. A difficult peak period for express parcels carrier Tuffnells contributed to this, it added. Back in May speaking about its […]
Tuffnells Parcels Express MD Chris Ward is leaving the business following its integration within parent company Connect Group.
Tuffnells Parcels Express has been acquired by newspaper and magazine distributor Connect Group for £113.4m.
Tuffnells has unveiled an update to its ‘Big green parcel machine’ livery on the side of 10 new Mercedes-Benz Atego it has put into service.