RSS feedsIndependent mail and courier company DX Group has acquired the trade and assets of the In Night and ParcelXchange operations from BDO Stoy Howard, the administrators of the Business Direct Group courier service business.
Business Direct has gone into administration with the loss of 70 jobs, after its £1.25m cash call in June last year failed to keep it afloat, The Times reports.
Mike Stone, DX chief operating officer, said the company planned to keep on the 80 people employed in In Night and ParcelXchange divisions but the rest would lose their jobs. ‘For DX, high oil prices don't have a huge impact,’ he said. ‘Our locker system means we are less reliant on fuel than other delivery companies.’
DX is targeting the direct-to-consumer market, in which customers pick up purchases from secure lockers rather than rely on deliveries.
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