DX Group has declared it is on the road to recovery, after trimming its annual loss by more than £60m. Releasing its results for the year to 30 June 2018, the company made a loss after exceptional items of £19.9m compared with a loss of £82.3m in the same period a year ago. Turnover was up slightly at £299.5m (£2017: £291.9m). As confirmed in a trading statement in July, the company’s debt position was better than previously anticipated following a […]
Bibby Distribution has become the latest operator to commit to a fleet refresh, with MAN set to deliver a total of 450 TGX tractors to the business during the next 18 months. An initial 55 Euro-5 units have already entered service in the Bibby fleet, with 131 scheduled for delivery in September. The remaining 264 TGX 440s will be presented throughout 2013. All units are fitted with Microlise telematics, so by the end of next year the whole Bibby fleet […]
Whistl CEO Nick Wells has blamed Royal Mail for the demise of its final-mile delivery service last month, claiming the company “screwed” Whistl with “differential pricing and some changes to zonal arrangements”.
Fowler Welch saw turnover climb 6% to £178.7m in the year to 31 March, although annual profit was pegged back due to operational inefficiency at certain depots.