Tuffnells owner Connect Group has put property valued at up to £35m on the market as it revealed that it was targeting second half return to profitability for its irregular freight business. Connect Group, which also owns Smith News, saw annual profit nosedive by 200% last year after a failed restructuring of the business by the previous management team. In the 19 weeks to 12 January 2019, it said it had made good progress with its turnaround plan, which has […]
Connect Group has renewed its contract with News UK, securing a deal that generates £200m of revenue a year until 2024 and provides some respite after a tough period for the business.
The Big Green Parcel Machine is continuing to exceed Connect Group’s expectations.
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.