Connect Group has seen its annual profit collapse by more than 200% after a calamitous period, which saw its one time star-performer Tuffnells lose its way and attempts to restructure the group hit the wall. Announcing annual results for the year to 31 August 2018, the business, which also owns Smiths News and recently disposed of its Pass My Parcel network, made a pre-tax loss of £35.5m (2017: profit of 34.2m). Annual turnover was 3.8% lower year on year at […]
Lloyd Dunn has been appointed CEO of DX Group, which has secured £24m from investors to get the business back on track.
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.
ARR Craib Transport grew both annual turnover and profit in its last full year of trading before it was acquired by Gregory Distribution, new accounts show.