Last week, Dart Group revealed a near to 13% pre-tax profit rise for its transport operation, Fowler Welch. Off the back of this, which saw profit climb from £3.9m to £4.4m for the year ended 31 March 2013 at Fowler Welch, its group share price has continued to move northwards, today leaping to £2.40, up from £2.14 last week. The company’s share price has been bouncing back since hitting a low point on 1 May of £1.60, but amid a […]
A judgement in the legal claim being brought by the GMB union against four companies involved in the operation of Marks & Spencer’s South Marston, Swindon DC over agency staff pay could take months to be made.
Wincanton has been awarded a five year contract expansion with Morrisons, handling the logistics for its convenience stores in the North.
Wincanton will be back in the black this financial year as the group’s extensive restructuring and disposals programme bears fruit. Wincanton chief executive Eric Born tells MT: “When [we] started this programme we said it would take two years to arrest the decline. We are bang on track. It’s absolutely what I’m expecting.” A year of restructuring and disposals saw it sell its European operations to focus on the UK and Ireland, dispose of its 20% shareholding in Culina Logistics […]