TNT UK remained loss making in its most recent trading period once the one-off gain from the sale of its Business Solutions division is stripped out, its latest accounts show. The accounts for the year to 31 May also provide further guidance suggesting the cost of the cyber attack that crippled its operations in June 2017 to the business was in the millions. TNT UK said the NotPetya cyber-attack that involved the spread of a virus via a Ukranian tax […]
BCA Marketplace, which owns WeBuyAnyCar.com, paid £16m in cash for Eddie Stobart’s automotive logistics business when it purchased it earlier this year.
Efforts to make Boughey Distribution a more efficient and therefore attractive option for subcontractors have paid off, according to owner NWF Group.
City Link parent Better Capital has revealed it will inject more money into the the parcel carrier in a bid to turn the loss-making business around.