DX Group has suffered a setback after learning its long standing deal to provide a secure delivery service to Her Majesty’s Passport Office (HMPO) will end next year. In a statement to the stock market, loss-making DX Group said that following a tender process its bid, which was based on ‘commercially realistic terms’ had proved unsuccessful. It means its contract will expire in January of next year after a transition period with the new, as yet unnamed, provider. The timing […]
E-commerce delivery specialist InPost has launched an ‘instant returns’ service, which allows shoppers to send back unwanted goods more quickly via a QR code on their phone.
Royal Mail began conditional trading on the London Stock Exchange this morning (11 October), with shares rising in value by over a third just an hour and a half into its listing.
DX Group has issued a profit warning due to continuing challenges in the courier market and margin pressure within its freight business.