DX Group is set to edge back into the black with new work and operational efficiencies helping efforts to turn the loss-making business around. In a pre-close trading update for the year to 30 June 2019, the company said that its results “are expected to be in line with market forecasts, with DX moving back into profitability”. The statement added that the company had generated £3.2m of earnings before interest, tax and depreciation (EBITDA), compared to an EBITDA loss of […]
Menzies Distribution has bought fully electric final-mile delivery firm Gnewt Cargo for an undisclosed sum.
TNT UK has clinched a major three year deal with the Home Office for the secure delivery of passports and related documents, motortransport.co.uk can reveal.
The DX Group and John Menzies Distribution merger could be sealed this summer after both boards approved a revised offer that satisfies objections from a major shareholder.