Analysts warn of further challenges for Royal Mail after profit warning
Royal Mail’s profit warning has been met with shock by analysts who have warned that the group faces relegation from the FTSE 100 if it cannot tackle its productivity problem.
Royal Mail’s profit warning has been met with shock by analysts who have warned that the group faces relegation from the FTSE 100 if it cannot tackle its productivity problem.
DX Group has declared it is on the road to recovery, after trimming its annual loss by more than £60m.
Gregory Distribution (Holdings) has acquired ARR Craib Transport, for an undisclosed sum.
AIM Logistics has added 12 new DAF XF 480 tractor units to its fleet.
Grocontinental increased pre-tax profit by almost 13% to £5.2m just before being snapped up by Dutch firm AGRO Merchants Group.
Bullet Express has added 12 new DAF XFs and 11 new tri-axle Montracon curtainsider trailers to its fleet.
DHL Parcel UK has taken over the Pass My Parcel network today (1 October).
An investment in Elddis Transport’s fleet and IT systems and the need to restate its 2016 accounts due to an “adjustment” in the way its hire purchase interest was reported, saw annual profit fall in its latest published accounts.