Shift Logistics buys Tuffnells Brand

Tuffnells rescue by Shift Logistics, The Big Green machine is not over yet. 29 year old entrepreneur Jacob Corlett, Shift Logistics has struck a deal with the administrators, to buy the century old Tuffnells Brand and intellectual properties (24th June).

Movianto National Sales Team influx from the Big Green Machine

Paul Wilkinson, president of Movianto, ‘What a week, in fact what an amazing 10 days its been. I can't begin to imagine the emotional journey those individuals have endured since the closure of Tuffnells Parcels Express. I am however, extremely pleased to say that a block of the Big Green Parcel Machine team have joined the Movianto National Sales team. Like so many other logistics businesses we have looked to support those effected. Movianto and its clients will, without question benefit hugely from this influx of talent. The business has not only been able to strengthen its commercial function but its operational one as well. We must not let up in our pursuit to find work for those still facing worrying and uncertain times.

DX to occupy 15 former Tuffnells sites

550 customers on board and 250 former employees appointed.

DX announced Thursday (July 20) that it has reached agreement over 15 UK sites that were previously operated by Tuffnells Parcels Express Limited (“Tuffnells”), the business that was placed into administration on 12 June 2023. DX has signed an agreement with Interpath Advisory, the Administrator of Tuffnells, for an initial licence to occupy 13 former Tuffnells sites and agreed terms to purchase for £1 million cash the freehold of a further site. The initial licences are a precursor to entering into direct lease agreements. The Company has also agreed terms directly with a landlord for a long lease over a fifteenth site.

DX has hired over 250 former employees of Tuffnells since the Administrator was appointed.

The Company has also engaged with former customers of Tuffnells to provide continuity in delivery solutions and, so far, has taken on over 550 customers on mutually agreeable commercial terms. Maintaining high customer service levels remains a priority.

These developments provide a significant opportunity for both the Group’s divisions, DX Freight and DX Express. The Company intends to issue a trading update in mid-July when it will provide commentary on DX’s performance in the second half of the current financial year ending 1 July 2023 and on its growth prospects.

Paul Ibbetson, Chief Executive Officer of DX (Group) plc, said: “We are very pleased to have reached agreement over 15 former Tuffnells sites, including the outright purchase of a freehold site. This exciting development gives us significant additional capacity and will enable us to accelerate growth while also driving further operational efficiencies and maintaining our high service levels, which is critically important. “We have already taken on a significant number of former Tuffnells employees and look forward to providing further employment opportunities.”