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’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.
Connect Group is set to complete a £9.9m deal with property firm Urban Logistics for the sale and leaseback of six of Tuffnells’ depots, in a move aimed to cut the company’s debt.
Connect Group has continued to enjoy growth in the first half of its trading year driven by its acquisition of Tuffnells Parcel Express in 2014.