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Shake up at Ly

24th June 1993, Page 13
24th June 1993
Page 13
Page 13, 24th June 1993 — Shake up at Ly
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Which of the following most accurately describes the problem?

• New bosses at parcel dist tion specialist Lynx are sha up the company's structure bid to reverse losses of £6.1 the first half of this year.

The figures formed pal transport giant NFC's int results announced last week. parent company enjoyed a bling of pre-tax profits to £8 on a turnover of 077m.

At Lynx divisional din Dennis Oliver and finance c tor Philip Rose have brought in to oversee chai But a company spokesman the shake up will not lea wholesale job losses anions 3,300 staff. "The changes mainly at the top," he say don't envisage a drop in the ber of employees or the vehicles we have on the road.

Lynx has experienced a ti six months after the switch a branch distribution netwo a hub-and-spoke system bas Nuneaton.

Shock-absorber manufac Monroe has appointed Lyn handle its distribution fron new centralised warehous York on a one-year/L contract.