Move Logistics focuses on organic growth to fill coffers
Net loss deepened to $7.2 million in year to June, amid contract loss and darker economic clouds.
New blood: Move chief executive Craig Evans started in February.
Transport and logistics firm Move has slipped further into the red because of the recession and softer freight trading, but sees upside potential to improve market share.
The company reported a loss of $7.2 million in the year ended June 30, compared with a loss of $4.2m in the previous year.
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