Driver recruitment firm Drivers Direct has undergone a management buyout (MBO) after receiving a £1.75m investment from a private equity firm. The MBO sees ownership of the Runcorn business transfer to the current management team led by new MD Daniel Jellicoe, with plans to continue its organic growth and expand to new UK locations. Formed […]
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DX Group has come out of the red to deliver pre-tax profit of £1.7m, aided by “very strong growth” in its freight division.
Long-delayed industry guidance on pallet weights for tail lift deliveries could finally be published early next year, motortransport.co.uk has learnt.
Stobart is still restructuring the former Innovate business it acquired out of administration in 2008 – a process that has been “more challenging, costly and further reaching than first planned”. The admission came as Stobart Group revealed profit rose 10% at its transport and distribution division (Eddie Stobart) to £14.2m in the first six months […]