Connect Group has appointed the former CEO of an American logistics supplier as its new chief executive, after a troubling set of results for the group triggered the resignation of Mark Cashmore last month. Jos Opdeweegh has worked at the helm of a number of logistics and supply chain business in the US, notably working as CEO of Americold for four years. He will assume the role at the beginning of September, but will spend time with the business during […]
Connect Group has completed its takeover of Tuffnells Parcels Express, with the deal first revealed last month.
A 90% plummet in DX Group’s share price has prompted its largest shareholder to call for the removal of two board members for their “inexcusable” performance.
Tuffnells Parcels Express contributed £114m of revenue and £9.7m of operating profit to its new owner Connect Group in the year to the end of August, group chief executive Mark Cashmore has revealed.