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 has moved into a new, purpose-built main DC in Sheffield. The new 20,000ft² site, built on four acres, has 51 loading bays and will be home to 139 Tuffnells employees.
Connect Group has completed its takeover of Tuffnells Parcels Express, with the deal first revealed last month.