There is one share in transport that is having a little run at the moment. One that doesn't do it very often. After slipping to a low of 45p on 27 March, Wincanton keeps on growing. As of this morning it hit 82.35p - that's an 83% return on your investment. So why all the commotion?

Just four days after hitting that low price Wincanton issued a trading statement on 31 March. It was solid, if unspectacular. Trading was "in line with expectations"; contract logistics was "performing robustly"; "we have also secured new retail and FMCG customers across our shared user warehouse facilities" it said with less than a flourish.

Here you can see the rally bench-marked against the other five shares comprising the MT Tracker.

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A week tomorrow (13 June) all eyes will be on Wincanton for its annual report, the first with a full year of trading without its European business. The group will naturally be smaller, but will it be functioning better? Let's look at the clues.

Contract wins this year? Rolls-Royce - a five year contract for its defence business. A six year distribution and warehousing business with Tilda Rice. A three year distribution contract with Cemex and a five year warehousing and distribution contract with drinks firm Pernod Ricard.

We're not expecting a UKMail style rally- as there was a couple of weeks ago - but if - and it is a big if - Wincanton can produce a solid, if unspectacular set of numbers there is only one place Wincanton can go. They've come down a bit - probably due to a bit of profit-raking.

And here are

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