Start up problems with a “restaurant chain” contract played a “significant” role in a 95% plunge in DHL Supply Chain’s profit last year. According to the company’s latest annual results to 31 December 2018, pre-tax profit plummeted in the year to £3.9m – down from £79m the year before. In its strategic report to the results DHL Supply Chain, which is owned by Deutsche Post, said that “the business experienced a number of one off items in 2018, including issues […]
DHL Supply Chain is to commence a major restructure of its operations at its Acton Gate DC in Stafford, due to falling volumes.
Creditors of NFT Distribution Operations have contacted Motor Transport, criticising the way its business and assets were sold and unhappy that it could take months before unpaid invoices are settled.
The extraordinary general meeting called for by a DX Group shareholder has been cancelled after the delivery company announced its intention to buy Menzies Distribution.